SPAR Group Inc. Faces Nasdaq Compliance Challenge Due to Delayed Quarterly Report Filing

Reuters

05-29

SPAR Group Inc. Faces Nasdaq Compliance Challenge Due to Delayed Quarterly Report Filing

AUBURN HILLS, Mich., May 28, 2025 - SPAR Group, Inc. $(SGRP)$, a provider of merchandising, marketing, and distribution services, disclosed today that it has received two notifications from Nasdaq. The first notice confirms that SPAR Group is in compliance with its Annual Report on Form 10-K, filed on May 16, 2025. However, the company also received a deficiency notice for failing to file its Quarterly Report on Form 10-Q for the first quarter of 2025 on time. This non-compliance with Nasdaq Listing Rule 5250 (c)(1) does not immediately affect the listing or trading of SPAR Group's shares. Nasdaq has given the company 60 days to submit a plan to regain compliance, with a possible extension until October 13, 2025, if accepted. SPAR Group is actively working to complete its Form 10-Q to meet SEC reporting obligations.

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. SPAR Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-018681), on May 28, 2025, and is solely responsible for the information contained therein.

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Faces Nasdaq Compliance Challenge Due to Delayed Quarterly Report Filing","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      SPAR Group Inc. Faces Nasdaq Compliance Challenge Due to Delayed Quarterly Report Filing\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        AUBURN HILLS, Mich., May 28, 2025 - SPAR Group, Inc. <a href=\"https://laohu8.com/S/SGRP\">$(SGRP)$</a>, a provider of merchandising, marketing, and distribution services, disclosed today that it has received two notifications from Nasdaq. The first notice confirms that SPAR Group is in compliance with its Annual Report on Form 10-K, filed on May 16, 2025. 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Faces Nasdaq Compliance Challenge Due to Delayed Quarterly Report Filing\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-29 04:37</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      SPAR Group Inc. Faces Nasdaq Compliance Challenge Due to Delayed Quarterly Report Filing\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        AUBURN HILLS, Mich., May 28, 2025 - SPAR Group, Inc. <a href=\"https://laohu8.com/S/SGRP\">$(SGRP)$</a>, a provider of merchandising, marketing, and distribution services, disclosed today that it has received two notifications from Nasdaq. The first notice confirms that SPAR Group is in compliance with its Annual Report on Form 10-K, filed on May 16, 2025. However, the company also received a deficiency notice for failing to file its Quarterly Report on Form 10-Q for the first quarter of 2025 on time. This non-compliance with Nasdaq Listing Rule 5250 (c)(1) does not immediately affect the listing or trading of SPAR Group's shares. Nasdaq has given the company 60 days to submit a plan to regain compliance, with a possible extension until October 13, 2025, if accepted. SPAR Group is actively working to complete its Form 10-Q to meet SEC reporting obligations.\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. SPAR Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001437749-25-018681), on May 28, 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:20250528:nNDL3fL5BW:1","article_id":"2539409041","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539409041","pubTimestamp":1748464665,"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":"AUBURN HILLS, Mich., May 28, 2025 - SPAR Group, Inc. , a provider of merchandising, marketing, and distribution services, disclosed today that it has received two notifications from Nasdaq. 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Faces Nasdaq Compliance Challenge Due to Delayed Quarterly Report Filing\n    \n\n        AUBURN HILLS, Mich., May 28, 2025 - SPAR Group, Inc. $(SGRP)$, a provider of merchandising, marketing, and distribution services, disclosed today that it has received two notifications from Nasdaq. The first notice confirms that SPAR Group is in compliance with its Annual Report on Form 10-K, filed on May 16, 2025. However, the company also received a deficiency notice for failing to file its Quarterly Report on Form 10-Q for the first quarter of 2025 on time. This non-compliance with Nasdaq Listing Rule 5250 (c)(1) does not immediately affect the listing or trading of SPAR Group's shares. Nasdaq has given the company 60 days to submit a plan to regain compliance, with a possible extension until October 13, 2025, if accepted. 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