Core Points - Xcel Brands, Inc. received a delinquency notification from Nasdaq for not timely filing its Annual Report on Form 10-K for the year ended December 31, 2024 [1] - The company must submit a compliance plan within 60 days to regain compliance, with a potential extension of up to 180 days if accepted by Nasdaq [2] - Xcel Brands is a media and consumer products company focused on branded apparel, footwear, accessories, and home goods, with a vision to integrate shopping, entertainment, and social media [3] Company Overview - Xcel Brands, Inc. operates in the design, licensing, marketing, and sales of consumer products, owning brands such as Halston, Judith Ripka, and C. Wonder [3] - The company has generated over $5 billion in retail sales through livestreaming and interactive television, with more than 20,000 hours of live-stream and social commerce [3] - Xcel is headquartered in New York City and is led by an experienced executive team in live streaming, production, merchandising, and marketing [3]
XCEL BRANDS, INC. Receives NASDAQ notice regarding late Form 10-K filing