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Forafric Announces Nasdaq Compliance Status
Forafric PLCForafric PLC(US:AFRI) Newsfilterยท2025-01-21 12:30

Core Points - Forafric Global PLC received a notice from Nasdaq regarding non-compliance with Listing Rule 5250 (c) (2) due to the failure to file the Six Month Report by December 31, 2024 [1] - The Company filed its Six Month Report on January 16, 2025, and subsequently received confirmation from Nasdaq that it is now in compliance with the Rule [2] - Forafric is a leading agribusiness in Africa, specializing in milling and exporting products such as flour, semolina, pasta, and couscous to over 45 countries [3] Company Overview - Forafric operates 12 industrial units and 2 logistics platforms across Morocco and Sub-Saharan Africa [3] - The Company aims to expand its operations in Morocco and Africa while contributing to food security in the region [3]