Bancorp receives Nasdaq notice over late 2024 annual report filing
The Bancorp, Inc. (TBBK) said it received a Nasdaq notice because it has not yet filed its Form 10-K for the year ended December 31, 2024, which was due March 3, 2025. The notice has no immediate effect on trading, but the stock will be subject to delisting if the company does not regain compliance in time.
- The annual report was due March 3, 2025; the company filed a Form 12b-25 late-filing notification on March 4, 2025.
- Nasdaq has given the company 60 days from the notice to file the annual report or submit a compliance plan; an accepted plan could allow up to 180 calendar days from the due date.
- The 8-K says the notice was received March 21, 2025, while the press release says March 27, 2025.
- The company says it is working diligently to file the report and expects to regain compliance, but gives no assurance on timing.