Infobird Co., Ltd Faces Setback in Annual Report Filing

Infobird Co., Ltd, a prominent provider of AI-powered customer engagement solutions based in China, has recently encountered a setback in filing its annual report for the fiscal year ending on December 31, 2023, with the U.S. Securities and Exchange Commission (SEC). The company is currently in the process of finalizing its financial statements for the specified period to ensure the completion of the filing.

Furthermore, Infobird has received a notification from Nasdaq Listing Qualifications regarding its non-compliance with the timely filing requirement. In response, the company has been granted a deadline to present a plan aimed at regaining compliance. Failure to meet this deadline may result in the initiation of an appeal process.

Headquartered in Hong Kong, Infobird specializes in AI-enabled customer engagement solutions and is dedicated to delivering cutting-edge services to its clientele. The company has also made forward-looking statements outlining its future plans and expectations, which are accompanied by risks and uncertainties as disclosed in its filings with the SEC.

Infobird remains committed to keeping stakeholders informed in accordance with legal obligations, ensuring transparency and adherence to regulatory standards.

Despite facing challenges in filing its annual report, Infobird Co., Ltd continues to prioritize transparency and compliance. The company's focus on innovation and commitment to providing advanced customer engagement solutions underscore its dedication to meeting the needs of its clients and stakeholders.