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New Fortress Energy receives notice from Nasdaq for non-compliance
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New Fortress Energy receives notice from Nasdaq for non-compliance
May 27, 2025 1:55 PM

(Reuters) -U.S. LNG company New Fortress Energy ( NFE ) on Tuesday said it received an expected notice from Nasdaq on non-compliance with the stock market's listing rule for not submitting its quarterly reports with the U.S. Securities and Exchange Commission.

Shares of the company fell 2.5% in extended trading.

The notice states the company has 60 days from the date of the notice to submit a plan to regain compliance with the rule.

New Fortress Energy ( NFE ) said it expects to file its Form 10-Q well ahead of the Nasdaq deadline.

Earlier this month, the company had flagged that it would extend its quarterly filing with the U.S. securities regulator due to a delay in completing the previously announced sale of its business in Jamaica.

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