Nasdaq Warns BT Brands Over Missed Annual Shareholder Meeting

Reuters01-21
Nasdaq Warns BT Brands Over Missed Annual Shareholder Meeting

BT Brands Inc. has received a notice from the Nasdaq Stock Market indicating non-compliance with Nasdaq Listing Rule 5620(a) for failing to hold an annual meeting of shareholders for the fiscal year ended December 31, 2024. The company has until March 2, 2026, to submit a compliance plan. If accepted, Nasdaq may grant an extension until June 29, 2026. Failure to resolve the issue could lead to further regulatory action, including potential delisting. The company is currently planning a special meeting of stockholders related to a proposed merger, and if the merger is not approved, it expects to promptly call an annual meeting to address the compliance deficiency.

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. BT Brands 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: 0001477932-26-000283), on January 20, 2026, and is solely responsible for the information contained therein.

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