Red Flags Detected
- Delisting (new) — Nasdaq issued staff determination to delist securities for non-payment of $75,000 in listing fees
Ribbon faces Nasdaq delisting over $75K in unpaid listing fees, plans appeal by June 11
Filed June 5, 2026 · Period ending June 4, 2026 · ~1 min read
Key Changes
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high
Nasdaq issued formal delisting determination on June 4 due to failure to pay required listing fees under Rule 5250(f); company's securities will be suspended unless appeal succeeds
Item 3.01 verify on EDGAR → -
medium
Company owes $75,000 in past-due listing fees and must pay $20,000 hearing fee to appeal; relatively modest amounts but triggered formal delisting action
8-K: Delisting Notice verify on EDGAR → -
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Ribbon intends to appeal by June 11 deadline, which automatically stays delisting process pending Hearings Panel decision; currently in discussions with Nasdaq to resolve
Item 3.01 verify on EDGAR →
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Generated by AI · Jun 8, 2026 4:39 AM