EAST RUTHERFORD, NJ, May 26, 2022 (GLOBE NEWSWIRE) — MamaMancini’s Holdings, Inc. (NASDAQ: MMMB)(the “Company”), a marketer and distributor of specialty pre-prepared all-natural foods today announced that it has received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) stating that because the Company has not yet filed its Annual Report on Form 10-K for the fiscal year ended January 31, 2022 (the “Form 10-K”), the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic reports with the Securities and Exchange Commission (the “SEC”). The notification letter has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market.
The Company previously filed a Notification of Late Filing on Form 12b-25, filed with the SEC on May 18, 2022 (the “Notification”), however, it was unable to file the Form 10-K within the timeframe specified by Rule 12b-25.
The Company’s management is working diligently to complete the Form 10-K and intends to file imminently. The delay in filing the Form 10-K is principally attributable to issues related to the Company’s transition to a new accounting and financial reporting software platform and the integration of the acquisition of T&L Creative Salads, Inc. and Olive Branch, LLC which was completed on December 29, 2021.
Under applicable Nasdaq Listing Rules (the “Rules”) for continued listing, the…
