Inspired notifies Nasdaq on plan to address compliance issues

January 23, 2024
By
Leer en Español

Nasdaq recently sent the company a notice regarding documents not submitted on time.

Inspired Entertainment recently notified the Nasdaq Stock Market and said the company expects to file several documents. This is part of a company plan to address compliance issues with Nasdaq due to not filing paperwork on time.

The company said it will file “a Form 10-K/A for the year ended December 31, 2022 with restated financial statements, as well as Forms 10-Q/A for the quarters ended March 31, 2023 and June 30, 2023 and a Form 10-Q for the quarter ended September 30, 2023.

Inspired went on to note that it intends to file these forms by “no later than February 28, 2024.”

In addition to the other forms, Inspired plans to file its Form 10-K for the year ended December 31, 2023 in time for the March 2024 due date.

The company’s action results from receiving a standard notification letter from Nasdaq’s Listing Qualifications Department. The letter stated that Inspired “was not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Form 10-Q for the quarter ended September 30, 2023 with the Securities and Exchange Commission.”

However, the company Nasdaq securities have not been immediately affected by this incident.

Inspired provides systems and solutions, as well as gaming content to the industry and offers its clients hardware, technology and services. The group works across both mobile and land-based channels and operates in 35 countries around the world.

Inspired supplies content to nearly 50,000 gaming machines in various betting shops, pubs, gaming halls and other route operations.

State-by-State

Product Spotlight

Bragg Gaming Group

Bragg Gaming Group is a global content-driven iGaming technology provider, serving online and land-based gaming operators with its proprietary and exclusive content and cutting-edge technology.
GA HUDDLE #087

John Connelly - Interblock preparing to launch online by the end of year

John Connelly, the Global CEO of Interblock, joins the Huddle to talk about:
- The company's conversion to the online space
- The performance of ETGs
- Interblock's new philanthropic efforts
- The trend of companies going private
- And more!
GA HUDDLE #086

Michael Hershman - Dispelling casino 'myths:' New York needs to lose fear of the unknown

Michael Hershman, CEO of the Soloviev Group, joins Tim Poole on the Huddle to put forward his case that the Freedom Plaza is the way to go for one of New York's casino licences. He fields a variety of questions - not shying away from any of them - on why 'myths' about casinos and a fear of the unknown should be dispelled, as well as acknowledging the strength of rival bids and discussing opposition to the project.

Five years ago, before the mass proliferation of social media we see today – and even before the Covid-19 pandemic – I think you would be hard pressed to find a CEO talking about “Instagrammable moments.” KPIs w...

gga
The Global Gaming Awards: Looking ahead to 2024's ceremonies.
After more than a decade of celebrating gaming's best, Gaming America looks ahead to a bright 2024 for the Global Gaming Awards in the Americas and Asia-Pacific.
GA
From the top: The Indian Gaming Tradeshow & Convention
Tribal gaming is a uniquely American institution and all its uncommon attributes were on display this April at the Indian Gaming Tradeshow & Convention in Anaheim, California.
terre
Review: Terre Haute Casino Resort and Harrah's Hoosier Park Racing & Casino
Terre Haute Casino Resort vs. Harrah's Hoosier Park Racing & Casino, Gaming America's Laura Mack reviews each property.
andrew
Eureka Casino interview: CEO Andre Carrier on resort expansion
We spoke with returning guest, CEO Andre Carrier, about Eureka Casino Resort's expansion. He aims to not only change the look and feel of the casino, but to also build residential housing around it.