Latch receives extension from Nasdaq Hearings Panel, additional notification of non-compliance
NEW YORK, April 11, 2023 (GLOBE NEWSWIRE) — Latch, Inc. (NASDAQ:LTCH) (the “Company”), maker of LatchOS, the full-building enterprise software-as-a-service (SaaS) platform, today announced that on April 5, 2023, the Company received a decision from a Nasdaq Hearings Panel (the “Panel”) granting the Company’s request for continued listing on the Nasdaq Global Select Market, subject to the Company demonstrating compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) on or before August 4, 2023, and certain other conditions.
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