Daily Journal Corporation Announces Receipt of Expected Non-Compliance Letter from Nasdaq
Daily Journal Corp. (S.C.) (DJCO)
US:NASDAQ Investor Relations:
dailyjournal.com
Company Research
Source: GlobeNewswire
LOS ANGELES, March 14, 2024 (GLOBE NEWSWIRE) -- As previously announced on December 1, 2023, due to the death of director Charles T. Munger, Daily Journal Corporation (NASDAQ:DJCO) notified the Nasdaq Stock Market (“Nasdaq”) that the company’s audit committee has only two members, which is contrary to Nasdaq Listing Rule 5605(c)(2)(A)’s requirement that listed companies have an audit committee of at least three members. On March 13, 2024, the company received a letter from Nasdaq indicating that the company has a cure period in order to regain compliance as follows: until the earlier of the company’s next annual shareholders’ meeting or November 28, 2024; orif the next annual shareholders’ meeting is held before May 27, 2024, then the company must evidence compliance no later than May 27, 2024. The company intends to fill the vacancy on the company’s board of directors and audit committee with a qualified individual who meets the criteria of the Nasdaq listing rules in advance
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DJCO
News
- Daily Journal Co. (NASDAQ: DJCO) was upgraded by analysts at TheStreet from a "c+" rating to a "b" rating.MarketBeat
- Daily Journal Corporation Announces Receipt of Expected Non-Compliance Letter from Nasdaq [Yahoo! Finance]Yahoo! Finance
- ‘Part older brother, part loving father': Warren Buffett insists his departed vice chair, Charlie Munger, was the ‘architect' of Berkshire Hathaway all along [Yahoo! Finance]Yahoo! Finance
- Estimating The Fair Value Of Daily Journal Corporation (NASDAQ:DJCO) [Yahoo! Finance]Yahoo! Finance
- Daily Journal Corporation Announces Financial Results for the three months ended December 31, 2023 [Yahoo! Finance]Yahoo! Finance
DJCO
Analyst Actions
- 3/19/24 - TheStreet
DJCO
Sec Filings
- 4/4/24 - Form 13F-HR
- 2/20/24 - Form 8-K
- 2/15/24 - Form 10-Q
- DJCO's page on the SEC website