financetom
Business
financetom
/
Business
/
New Fortress Energy receives notice from Nasdaq for non-compliance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--Street Color: Eli Lilly to Invest $1.2 Billion in Puerto Rico Manufacturing Site
--Street Color: Eli Lilly to Invest $1.2 Billion in Puerto Rico Manufacturing Site
Oct 29, 2025
10:34 AM EDT, 10/29/2025 (MT Newswires) -- Price: 821.40, Change: +1.30, Percent Change: +0.16 ...
BKV to Increase Stake in BKV-BPP Power Joint Venture
BKV to Increase Stake in BKV-BPP Power Joint Venture
Oct 29, 2025
10:34 AM EDT, 10/29/2025 (MT Newswires) -- BKV (BKV) said Wednesday that it has agreed to acquire from Banpu Power US half of its interest in their joint venture BKV-BPP Power, raising its stake to 75%. Under the deal, BKV will pay $376 million minus 25% of the venture's net debt, which stood at $581.8 million as of Sept. 30....
Super Micro's new subsidiary to offer AI server support to US government
Super Micro's new subsidiary to offer AI server support to US government
Oct 29, 2025
Oct 29 (Reuters) - Artificial intelligence server maker Super Micro Computer ( SMCI ) on Wednesday said it has created a subsidiary catering to U.S. federal agencies, amid a drive to increase efficiency in the government. Shares of the company were up around 3%. The White House in April had ordered federal agencies to name chief AI officers and develop...
BioMarin's Palynziq Application for Adolescent PKU Use Gets FDA Priority Review
BioMarin's Palynziq Application for Adolescent PKU Use Gets FDA Priority Review
Oct 29, 2025
10:41 AM EDT, 10/29/2025 (MT Newswires) -- BioMarin Pharmaceutical ( BMRN ) said Wednesday the US Food and Drug Administration accepted for priority review its supplemental biologics license application for Palynziq (pegvaliase-pqpz), seeking to extend its use to adolescents aged 12 to 17 with phenylketonuria. The FDA set a Prescription Drug User Fee Act target action date of Feb. 28,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved