On August 23, 2024, Hempacco Co., Inc., a vertically integrated hemp manufacturing company based in San Diego, California, received a written notice from The Nasdaq Stock Market regarding its delinquency in filing the Quarterly Report on Form 10-Q for the period ending June 30, 2024. The notice stated that this could potentially lead to the delisting of Hempacco’s securities from Nasdaq, pending a decision from Nasdaq’s hearings panel.
The Nasdaq listing rules mandate that listed companies must promptly file all required periodic reports with the Securities and Exchange Commission, which Hempacco is actively working towards. The company intends to complete and submit its delinquent Quarterly Reports on Form 10-Q by August 27, 2024, and present its case to the hearings panel.
Hempacco Co., Inc. aims to disrupt the nearly $1 trillion tobacco industry by offering herb and hemp-based alternatives to nicotine cigarettes, such as herb, spice, and cannabinoid smokables, rolling paper, and other nutraceutical products under The Real Stuff™ brand.
This press release contains forward-looking statements regarding the company’s financial performance, growth projections, business prospects, and opportunities. These statements are based on current information and expectations, but actual results may vary due to factors such as failure to meet development targets, changes in laws or regulations, economic conditions, and other risks detailed in the company’s filings with the Securities and Exchange Commission.
For the original source version of this press release, please visit the company’s page on Newsfile Corp. Source: Hempacco Co., Inc.
