Home Listing rules FedNat Receives Nasdaq Notification – GuruFocus.com

FedNat Receives Nasdaq Notification – GuruFocus.com

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SUNRISE, Fla., Aug. 19, 2022 (GLOBE NEWSWIRE) — FedNat Holding Company (the “Company”) (FNHC), a regional insurance holding company, today announced that on August 17, 2022, it received a notice (the “Notice”) from the Nasdaq Stock Market Listing Qualifications Department advising the company that it is not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) due to its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2022.

The Company has 60 days from the date of notification to submit a plan to restore compliance with the Nasdaq listing rules. The Company has notified Nasdaq that it expects to file the Form 10-Q within that 60-day period. The Notice has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Global Market.

About the company

FedNat Holding Company is an insurance holding company that controls virtually every aspect of the insurance underwriting, distribution and claims process through our subsidiaries, holdings and contractual relationships with independent agents and general agents. More information is available at https://www.fednat.com/investor-relations/.

contacts

David K. Patterson, Acting CEO (954) 308-1322

Erick A. Fernandez, Acting Chief Financial Officer (954) 308-1341

Bernard Kilkelly, Investor Relations (954) 308-1409

Where [email protected]

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