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.
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