Mitek’s Nasdaq suspension stayed, ‘final’ delisting hearing next month

The suspension of digital ID vendor Mitek Systems from the Nasdaq exchange has been stayed, according to Mitek.

The company says Nasdaq officials have granted a request by Mitek executives to extend an earlier automatic stay of extension. An August 10 hearing has been scheduled for the firm at which point a final decision will be made.

Mitek has said staff could not comply with filing deadlines on time without unreasonable effort or expense, the common response when company has …

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