SMITH MIDLAND CORP 8-K

What Happened

• Smith‑Midland Corporation announced it received a notice from The Nasdaq Stock Market LLC on May 29, 2026 stating the company is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it had not filed its Quarterly Report on Form 10‑Q for the quarter ended March 31, 2026. The notice does not have an immediate effect on the listing of the company’s common stock. The company issued a press release on June 3, 2026 regarding the late filing.

Key Details

• Nasdaq notice date: May 29, 2026; Form 10‑Q relates to quarter ended March 31, 2026.
• Applicable rule: Nasdaq Listing Rule 5250(c)(1) (timely SEC periodic filings).
• Cure deadline: If the Form 10‑Q is not filed by July 28, 2026, Smith‑Midland intends to submit a plan to Nasdaq to regain compliance.
• Press release: Company announced the late filing publicly on June 3, 2026 (Exhibit 99.1 furnished).

Why It Matters

• For investors, the filing delay reduces near‑term transparency about the company’s quarterly financial results. While there is no immediate delisting action, failure to file by July 28, 2026 could trigger Nasdaq review and require a formal plan to regain compliance, which can increase regulatory risk and investor uncertainty.