Legacy Housing Corporation Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

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Aug 12, 2022

BEDFORD, Texas, Aug. 12, 2022 (GLOBE NEWSWIRE) -- On August 11, 2022, Legacy Housing Corporation (the "Company," NASDAQ: LEGH) received a notice from The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company has not yet filed its Quarterly Report on Form 10-Q for the period ended June 30, 2022 (the "Form 10-Q2") the Company remains in non-compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of all required periodic financial reports with the Securities and Exchange Commission. As announced on May 17, 2022, the Company had previously received a notice from Nasdaq indicating that as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended March 31, 2022 (the "Form 10-Q1"), it was not in compliance with Nasdaq Listing Rule 5250(c)(1). On May 31, 2022, the Company submitted to Nasdaq a plan to regain compliance with the Listing Rule 5250(c)(1) with respect to the Form 10-Q1 (the “Plan”).