Upexi Provides Update on Filing Form 10Q for March 31, 2024
Upexi Provides Update on Filing Form 10Q for March 31, 2024
TAMPA, FL / ACCESSWIRE / June 21, 2024 / Upexi, Inc. (NASDAQ:UPXI) (the "Company" or "Upexi"), a multi-faceted Amazon and Direct-to-Consumer ("DTC") brand owner and innovator in aggregation, today is providing shareholders with a update on filing its financial statements for the three and nine months ended March 31, 2024.
多元化的亚马逊和直销(“DTC”)品牌所有者和创新者Upexi公司(纳斯达克:UPXI)于2024年6月21日发布了三个月和九个月截至2024年3月31日的财务报表更新。
On June 17, 2024, the Company received a notice from Nasdaq Listing Qualifications that since the Company has not yet filed its Form 10-Q for the period ended March 31, 2024 (the "Filing"), it no longer complies with our Listing Rules (the "Rules") for continued listing. Under the Rules the Company now has 60 calendar days to submit a plan to regain compliance and if we accept your plan, we can grant an exception of up to 180 calendar days from the Filing's due date, or until December 11, 2024, to regain compliance.
2024年6月17日,该公司收到纳斯达克上市资格的通知,因为公司尚未提交截至2024年3月31日的10-Q表格(“提交”),不再符合纳斯达克上市规则(“规则”)的要求。根据规则,该公司现在有60个日历日提交恢复合规计划的时间。如果我们接受你的计划,我们可以在提交截止日期之前提供长达180个日历日的例外,即截止到2024年12月11日,以恢复合规。
Upexi management has discussed this with the Nasdaq and expects to file the form 10-Q for the period ended March 31, 2024 prior to the end of June 30, 2024 and once this is filed, a plan will not be necessary to regain compliance.
Upexi管理层已与纳斯达克讨论此事,并预计在2024年6月30日之前提交截至2024年3月31日的10-Q表格,一旦提交,将不需要恢复合规计划。
The Nasdaq Notice Letter has no immediate effect on the listing or trading of the Company's common stock.
纳斯达克通知信对公司普通股的上市或交易没有立即影响。
About Upexi, Inc.:
Upexi is a multi-faceted brand owner with established brands in the health, wellness, pet, beauty, and other growing markets. We operate in emerging industries with high growth trends and look to drive organic growth of our current brands. We focus on direct to consumer and Amazon brands that are scalable and have anticipated, high industry growth trends. Our goal is to continue to accumulate consumer data and build out a significant customer database across all industries we sell into. The growth of our current database has been key to the year over year gains in sales and profits. To drive additional growth, we have and will continue to acquire profitable Amazon and eCommerce businesses that can scale quickly and reduce costs through corporate synergies.
关于Upexi,Inc.:
Upexi是一家多元化品牌所有者,在健康、健身、宠物、美容等增长市场拥有既定品牌。我们在高成长趋势的新兴行业中运营,并寻求推动当前品牌的有机增长。我们专注于可扩展且具备预期高行业增长趋势的直接面向消费者和亚马逊品牌。我们的目标是继续积累消费者数据,并在我们销售的所有行业中建立重要的客户数据库。我们当前数据库的增长对销售和利润的年度增长至关重要。为了推动额外的增长,我们已经并将继续收购可快速扩展并通过企业协同效应降低成本的亚马逊和电子商务业务。
FORWARD LOOKING STATEMENTS:
This news release contains "forward-looking statements" as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations, or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with business strategy, potential acquisitions, revenue guidance, product development, integration, and synergies of acquiring companies and personnel. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward- looking statements. Although we believe that the beliefs, plans, expectations, and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
前瞻性声明:
本新闻发布包含作为《1933年美国证券法》第27A条和《1934年证券交易法》第21E条所定义的“前瞻性陈述”。本新闻稿中未纯粹历史的陈述属于前瞻性陈述,包括与未来信仰、计划、期望或意图有关的任何陈述。由于多种因素,实际结果可能与任何前瞻性陈述中预测的结果不同。这些因素包括业务策略、潜在收购、营业收入指南、产品开发、收购公司和人员的融合和协同作用等固有的不确定性。这些前瞻性陈述是根据本新闻发布日发布的,我们不承担更新前瞻性陈述或更新实际结果可能不同于前瞻性陈述中预测结果的原因的义务。尽管我们认为本新闻发布中包含的信仰、计划、期望和意图是合理的,但不能保证这些信仰、计划、期望或意图会证明是准确的。投资者应咨询本文中提供的所有信息,并参考我们的年度10-K报告中概述的风险因素披露以及不时提交给证券交易委员会的其他定期报告。
Company Contact
Andrew Norstrud, Chief Financial Officer
Email: andrew.norstrud@upexi.com
Phone: (702) 332-5591
公司联系
Marcia Novero
Innodata Inc.
Mnovero@innodata.com
(201) 371-8015
首席财务官Andrew Norstrud
电子邮件:andrew.norstrud@upexi.com
电话:(702)332-5591
Investor Relations Contact
KCSA Strategic Communications
Valter Pinto, Managing Director
Email: Upexi@KCSA.com
Phone: (212) 896-1254
投资者关系联系人
KCSA战略传播
Valter Pinto, 董事总经理
电子邮件:Upexi@KCSA.com
电话:(212)896-1254
SOURCE: Upexi, Inc.
消息来源:Upexi, Inc.