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Lavoro Ltd (NASDAQ:LVRO, LVROW) announced Monday that it received a non-compliance notice from the Nasdaq Stock Market regarding a delayed filing of its interim financial information for the six-month period ended December 31, 2024. The company disclosed that the notice was received on July 10 and relates to Nasdaq Listing Rule 5250(c)(2), which requires timely submission of periodic financial reports.
According to the company’s statement, the notification does not have an immediate effect on the listing of Lavoro’s securities on Nasdaq. Lavoro attributed the delay in filing its Form 6-K to complexities associated with the EJ Plan announced last month.
Nasdaq has requested that Lavoro submit a plan by September 8, 2025, outlining how it intends to regain compliance with listing requirements. If the plan is accepted, Nasdaq may grant an extension of up to 180 calendar days from the original due date of the filing, or until December 29, 2025, for Lavoro to regain compliance.
Lavoro stated it expects to submit its compliance plan to Nasdaq by the required deadline.
This information is based on a press release statement included in the company’s SEC filing.
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