Benzinga | Jul 14, 2020 06:50PM EDT

Dolphin Entertainment Regains Compliance with Nasdaq Listing Rule 5250(c)(1)

Dolphin Entertainment, Inc. (NASDAQ:DLPN) regains compliance with Nasdaq Rule regarding the filing of its 10-Q for the quarter ended March 31, 2020.

On July 14, 2020, Dolphin Entertainment, Inc. (the "Company") received a letter from the Nasdaq Stock Market ("Nasdaq") notifying them that it had regained compliance under Nasdaq Listing Rule 5250(c)(1). On July 9, 2020, the Company had received a letter from Nasdaq notifying them that it had violated Rule 5250(c)(1) because the Company had not yet filed its Quarterly Report on Form 10-Q for the period ended March 31, 2020 (the "Quarterly Report") with the Securities and Exchange Commission (the "SEC").

On July 13, 2020, the Company filed the Quarterly Report with the SEC and subsequently received a close-out letter from Nasdaq on July 14, 2020, which alerted the Company that it had regained compliance under Rule 5250(c)(1).