Luna Innovations Incorporated (OTCMKTS: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announces an update on select operating metrics.
Luna Innovations Incorporated, a global leader in advanced fiber optic-based technology, has expanded its product range with the addition of the Luna MPX 2010 multifunction polarization controller instrument.
Luna Innovations Incorporated announced that, due to the Company’s inability to meet the March 27, 2025 deadline to file its previously disclosed delinquent filings with the Securities and Exchange Commission to regain compliance, the trading in its securities will be suspended tomorrow, January 7, 2025, and subsequently delisted from The Nasdaq Stock Market LLC (“Nasdaq”). Following the suspension, the Company expects its shares to be eligible to trade on the over-the-counter (“OTC”) market, specifically the OTC Expert Market.
Luna Innovations Incorporated (Nasdaq: LUNA) (the “Company”), a global leader in advanced fiber optic-based technology, today announced that, Pamela Coe, a member of the Board of Directors (the “Board”), will be retiring from the Luna board effective today. Ms. Coe was elected to the Board in May 2021 for a three-year term.
Luna Innovations announced that it has received a written notice on November 14, 2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC, stating that because the Company has not yet filed its Form 10-Q for the quarter ended September 30, 2024 and because the Company remains delinquent in filing its Form 10-Qs for the quarters ended March 31, 2024 and June 30, 2024 and its Form 10-K for the year ended December 31, 2023, and collectively with the Q1 2024 10-Q, Q2 2024 10-Q and Q3 2024 10-Q, it is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission.
Luna Innovations Incorporated (Nasdaq: LUNA) announced that it has received a written notice on August 20, 2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC stating that because the Company has not yet filed its Form 10-Q for the quarter ended June 30, 2024 and because the Company remains delinquent in filing its Form 10-Q for the quarter ended March 31, 2024 and its Form 10-K for the year ended December 31, 2023, it is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (the “SEC”).
Luna Innovations Incorporated (NASDAQ: LUNA) announced that it has received a written notice on May 17, 2024, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”). This Notice has no immediate effect on the listing of the Company's shares on Nasdaq. If Luna fails to timely regain compliance with the Rule, the Company's common stock will be subject to delisting from Nasdaq.
On April 2, 2024, Luna received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) concerning compliance.
Luna is working diligently to complete its Form 10-K to ensure compliance with Nasdaq Listing Rule 5250(c)(1) and will provide an update once more information is available.
Richard Roedel Named Interim Executive Chairman and Interim President
Luna Innovations Incorporated today announced that Scott Graeff has retired from his role as President and Chief Executive Officer of the Company and has stepped down from the Board of Directors, leaving the Company after 21 years. The Board has initiated a search for a new President and Chief Executive Officer.
Company executives will participate in the 26th Annual Needham Growth Conference in New York City, New York. Scott Graeff, President and CEO; George Gomez- Quintero, CFO; and Brian Soller, CTO and EVP, Corporate Development, will present on Thursday, January 18, 2024, at 8:45 a.m. ET. Click to view details on the conference.
Luna has extended its existing relationship with Northrop Grumman by securing a new, multi-unit, multi-million dollar order for its OBR 6200 portable backscatter reflectometer in support of the F-35 Joint Strike Fighter.
Luna Innovations Incorporated (NASDAQ: LUNA), announced its financial results for the three and nine months ended September 30, 2023.