FlexShopper Receives Nasdaq Noncompliance Notice Due to Delayed Q2 Earnings Report

FlexShopper received a noncompliance notification from Nasdaq due to its failure to timely file its quarterly report on Form 10-Q for the quarter ended June 30. The company is not in compliance with Nasdaq Listing Rule 5250, which requires timely filing of quarterly reports.

FlexShopper, Inc. (Nasdaq: FPAY) has received a noncompliance notification from Nasdaq due to its failure to timely file its quarterly report on Form 10-Q for the quarter ended June 30, 2025. The company is not in compliance with Nasdaq Listing Rule 5250, which requires timely filing of quarterly reports. Nasdaq has granted FlexShopper an extension until October 13, 2025, to address these delinquent filings and submit an updated plan for regaining compliance [1].

The delays in filings have been attributed to additional accounting and internal control processes. FlexShopper emphasized its commitment to submitting the required reports as soon as possible, albeit without guaranteeing specific timelines. The company continues to serve underserved consumers through its lease-to-own and lending solutions [2].

This notification indicates potential regulatory compliance issues for FlexShopper. The company must now submit an updated plan to regain compliance within a limited timeframe, creating uncertainty regarding its listing status. The repeated delays in filing periodic reports may reflect ongoing financial or operational challenges, which could negatively impact investor confidence.

References:
[1] https://www.quiverquant.com/news/FlexShopper%2C+Inc.+Receives+Nasdaq+Deficiency+Notification+for+Late+Quarterly+Report+Filing
[2] https://www.quiverquant.com/news/Graphjet+Technology+Notified+by+Nasdaq+for+Non-Compliance+with+Listing+Rule+Amid+Quarterly+Report+Delay