MIDLAND, VA / ACCESS Newswire / April 23, 2025 / Smith-Midland Corporation (NASDAQ:SMID), a provider of innovative, high-quality proprietary and patented precast concrete products and systems, today announced it received an expected letter from Nasdaq on April 17, 2025 notifying the Company it is currently not in compliance with Listing Rule 5250(c)(1) due to its failure to timely file its Form 10-K for the year ended December 31, 2024.
This notice does not have any immediate impact on the Company's shares or ability to trade on the Nasdaq exchange. The Company has 60 calendar days to submit a plan to regain compliance with the exchange and can be granted an additional 180 days, or October 13, 2025, if the plan is accepted by Nasdaq.