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On May 29, 2025, Zeo announced receipt of “a notice . . . from Nasdaq on May 22, 2025, notifying the Company that it is not in compliance with the periodic filing requirements for continued listing set forth in Nasdaq Listing Rule 5250(c)(1) because the Company’s Quarterly Report on Form 10-Q for the for the three months ended March 31, 2025 (the ‘10-Q’) was not filed with the Securities and Exchange Commission (the ‘SEC’) by the required due date of May 15, 2025.”
Following this news, Zeo’s stock price fell over 9% on May 30, 2025.