Playboy Inc. Faces Nasdaq Noncompliance After Board Resignation

Reuters2025-12-20
<a href="https://laohu8.com/S/PLBY">Playboy Inc</a>. Faces Nasdaq Noncompliance After Board Resignation

Playboy Inc. is facing a regulatory issue following the resignation of independent director Natalia Premovic from its Board of Directors. The company received a deficiency letter from Nasdaq on December 18, 2025, indicating non-compliance with Nasdaq Listing Rule 5605, which requires a majority of independent directors on the board. Playboy Inc. will rely on a cure period that extends to its 2026 annual meeting of stockholders to appoint a new independent director and restore compliance. The company's common stock will continue to trade on Nasdaq under the symbol "PLBY," and there is no immediate effect on its listing status.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Playboy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-058362), on December 19, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment