$NKLR·8-K

Terra Innovatum Global N.V. · May 22, 4:32 PM ET

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Terra Innovatum Global N.V. 8-K

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Terra Innovatum Global N.V. Nasdaq Notice: Late 10-Q and 10-K

What Happened
Terra Innovatum Global N.V. announced it received a deficiency letter from the Nasdaq Listing Qualifications Department on May 19, 2026, notifying the company it is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to failure to timely file its Quarterly Report on Form 10-Q for the period ended March 31, 2026 and remaining delinquent on its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The notice does not have any immediate effect on the listing or trading of the company’s common stock on the Nasdaq Global Select Market.

Key Details

  • Notice received: May 19, 2026, from Nasdaq Listing Qualifications Department.
  • Delinquent filings: Form 10-Q for quarter ended March 31, 2026; Form 10-K for year ended December 31, 2025.
  • Compliance timeline: Company must submit a plan to Nasdaq by June 15, 2026.
  • Possible extension: If Nasdaq accepts a plan, Nasdaq may grant up to 180 days from the 2025 Form 10-K due date (as extended under Rule 12b-25), or until October 12, 2026, to regain compliance.
  • Listing status: No immediate trading suspension or delisting action; company says it intends to regain compliance as soon as practicable.

Why It Matters
For investors, delinquent SEC filings mean less timely public financial information and increased regulatory risk. While trading is unaffected now, failure to cure the delinquency could lead to delisting proceedings under Nasdaq rules, which can materially affect liquidity and share value. The June 15, 2026 plan deadline and possible extension to October 12, 2026 are key dates to watch.

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