Pinnacle Food (PFAI) said Monday it has received a notice from Nasdaq stating that because the company had not yet filed its annual report on Form 20-F for the year ended Dec. 31, it is not in compliance with a listing rule.
The Nasdaq listing rule requires timely filing of financial reports with the US Securities and Exchange Commission, the company said.
Pinnacle said it has until July 15 to submit to Nasdaq a plan to regain compliance with the rule.
The company said it plans to take steps to regain compliance with the stock exchange's listing rules and file the Form 20-F "as soon as practicable."
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