Locafy Ltd Faces Nasdaq Listing Rule Non-Compliance
Ticker: LCFYW · Form: 6-K · Filed: Sep 5, 2025 · CIK: 1875547
Sentiment: neutral
Topics: listing-compliance, filing-issue, sec-filing
Related Tickers: LCFY
TL;DR
Locafy's in hot water with Nasdaq over filings, got a notice July 1st, update Sept 2nd.
AI Summary
Locafy Limited received a notification from the Nasdaq Stock Market Staff on July 1, 2025, stating that the company no longer met the periodic filing requirement under Nasdaq Listing Rule 5250(c)(2). The company is addressing this issue and provided an update on September 2, 2025.
Why It Matters
Failure to meet Nasdaq's periodic filing requirements could lead to delisting, impacting the company's liquidity and investor confidence.
Risk Assessment
Risk Level: medium — The company is not in compliance with Nasdaq's periodic filing requirements, which could lead to delisting if not resolved.
Key Players & Entities
- Locafy Limited (company) — Registrant
- Nasdaq Stock Market LLC (company) — Exchange
- July 1, 2025 (date) — Date of initial notification
- September 2, 2025 (date) — Date of company update
- Nasdaq Listing Rule 5250(c)(2) (rule) — Specific rule violated
FAQ
What specific periodic filing requirement did Locafy Limited fail to meet?
Locafy Limited failed to meet the periodic filing requirement pursuant to Nasdaq Listing Rule 5250(c)(2).
When did the Nasdaq Stock Market Staff notify Locafy Limited of the non-compliance?
The Staff of the Nasdaq Stock Market LLC notified Locafy Limited on July 1, 2025.
What action did Locafy Limited take on September 2, 2025?
On September 2, 2025, the Company provided an update regarding the non-compliance issue.
What is the potential consequence of not meeting Nasdaq's periodic filing requirements?
The potential consequence is that the company may no longer meet the periodic filing requirement, which could lead to delisting.
Is Locafy Limited submitting its annual report on Form 20-F or 40-F?
Locafy Limited is submitting its annual report under cover of Form 20-F.
Filing Stats: 349 words · 1 min read · ~1 pages · Grade level 20 · Accepted 2025-09-05 16:05:11
Filing Documents
- form6-k.htm (6-K) — 18KB
- 0001641172-25-026707.txt ( ) — 19KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. LOCAFY LIMITED Date: September 5, 2025 By: /s/ Gavin Burnett Name: Gavin Burnett Title: Chief Executive Officer