11:48 AM EDT, 05/28/2024 (MT Newswires) -- Bannix Acquisition ( BNIX ) said Tuesday it has been notified that it is not in compliance with the Nasdaq Stock Market's requirements for continued listing for failure to timely file its quarterly report for the period ended March 31.

The company also remains delinquent in filing its Form 10-K for the fiscal year ended Dec. 31, 2023, according to the notice.

Bannix has until June 24 to submit a plan to regain compliance. The company said it is "working diligently" to complete its quarterly and annual reports.

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