PetMed Express Grapples with Nasdaq Non-Compliance Notice Amid Financial Reporting Delay
DELRAY BEACH, Fla. — In a notable development that has caught the attention of the investment world, PetMed Express, Inc. (NASDAQ:PETS), a pillar in the pet pharmacy sector, has encountered a regulatory hiccup with The Nasdaq Stock Market LLC. The cause of concern emerges from the company's failure to adhere to the stringent requirements of Nasdaq's Listing Rule 5250(c)(1), specifically relating to the punctual submission of financial reports to the Securities and Exchange Commission (SEC).
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