Mitek stands on the edge of delisting from Nasdaq yet again

Digital ID vendor Mitek Systems has yet file required quarterly reports with Nasdaq, the exchange on which it is traded, and exchange officials have "initiated a process to delist" the company's securities.

Mitek executives this week announced the move, saying they intend to request a hearing before Nasdaq to explain themselves. The request automatically gives the company more time to comply – an active and current process, the announcement states.

Exchange officials could offer yet another extension, according to the …

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