Codere Online Luxembourg SA Appeals Nasdaq Delisting, Awaits Hearing and Further Stay Decision

Reuters

05-23

<a href="https://laohu8.com/S/CDRO">Codere Online Luxembourg</a> SA Appeals Nasdaq Delisting, Awaits Hearing and Further Stay Decision

Codere Online Luxembourg SA has received a delisting notice from Nasdaq due to its failure to file the Form 20-F for the year ended December 31, 2024. The delay in filing is attributed to the prolonged finalization of the audit of its financial statements, following the engagement of a new independent accounting firm. Codere Online has appealed the delisting determination and formally requested a hearing to review the decision, which automatically stays the delisting process. The hearing is expected to be scheduled approximately 30-45 days after the request. The company aims to complete and file the necessary form by May 30, 2025, in hopes of regaining compliance before any hearing takes place.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Codere Online Luxembourg SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001098445-en) on May 22, 2025, and is solely responsible for the information contained therein.

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The delay in filing is attributed to the prolonged finalization of the audit of its financial statements, following the engagement of a new independent accounting firm. Codere Online has appealed the delisting determination and formally requested a hearing to review the decision, which automatically stays the delisting process. The hearing is expected to be scheduled approximately 30-45 days after the request. The company aims to complete and file the necessary form by May 30, 2025, in hopes of regaining compliance before any hearing takes place.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Codere Online Luxembourg SA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001098445-en) on May 22, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250522:nNDL65hvmJ:1","article_id":"2537922830","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537922830","pubTimestamp":1747944317,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Codere Online Luxembourg SA has received a delisting notice from Nasdaq due to its failure to file the Form 20-F for the year ended December 31, 2024. 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