{"id":729063,"date":"2023-02-06T17:04:12","date_gmt":"2023-02-06T22:04:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/coffee-holding-co-inc-receives-notice-from-nasdaq-regarding-delayed-annual-report\/"},"modified":"2023-02-06T17:04:12","modified_gmt":"2023-02-06T22:04:12","slug":"coffee-holding-co-inc-receives-notice-from-nasdaq-regarding-delayed-annual-report","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/coffee-holding-co-inc-receives-notice-from-nasdaq-regarding-delayed-annual-report\/","title":{"rendered":"Coffee Holding Co., Inc. Receives Notice from Nasdaq Regarding Delayed Annual Report"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">\n        <strong>STATEN ISLAND, New York, Feb.  06, 2023  (GLOBE NEWSWIRE) &#8212; <\/strong>Coffee Holding Co., Inc. (Nasdaq: JVA) (the \u201cCompany\u201d) today announced that it received a notice (the \u201cNotice\u201d) on February 2, 2023 from The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) stating that the Company is not in compliance with the requirements for continued listing under\u00a0Nasdaq\u00a0Listing\u00a0Rule\u00a05250(c)(1) (the \u201cListing Rule\u201d) because the Company has not yet filed its Annual Report on Form\u00a010-K\u00a0for the year ended October 31, 2022 (the \u201cAnnual Report\u201d) with the Securities and Exchange Commission (the \u201cSEC\u201d).<\/p>\n<p align=\"justify\">The Notice has no immediate effect on the listing or trading of the Company\u2019s common stock on the Nasdaq Capital Market. The Notice states that the Company has 60 calendar days from the date of the Notice, or April 3, 2023, to submit a plan to regain compliance with the Listing Rule. If Nasdaq accepts the Company\u2019s plan to regain compliance, then Nasdaq may grant the Company up to 180 calendar days from the prescribed due date of the Annual Report, or July 31, 2023, to file the Annual Report to regain compliance.<\/p>\n<p align=\"justify\">The Company continues to work diligently to finalize its Annual Report and plans to file its Annual Report as promptly as possible to regain compliance with the Listing Rule.<\/p>\n<p align=\"justify\">This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>A<\/em><br \/>\n        <\/strong><br \/>\n        <strong><br \/>\n          <em>bout Coffee Holding<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">Coffee Holding Co., Inc. is a leading integrated wholesale coffee roaster and dealer in the United States and one of the few coffee companies that offers a broad array of coffee products across the entire spectrum of consumer tastes, preferences and price points. Coffee Holding has been a family-operated business for three generations and has remained profitable through varying cycles in the coffee industry and the economy. The Company\u2019s private label and branded coffee products are sold throughout the United States, Canada and abroad to supermarkets, wholesalers, and individually owned and multi-unit retail customers.<\/p>\n<p align=\"justify\">\n        <u>Forward-Looking Statements<\/u>\n      <\/p>\n<p align=\"justify\">This press release contains a number of forward-looking statements. Words such as \u201cexpect,\u201d \u201cwill,\u201d \u201cworking,\u201d \u201cplan\u201d and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the Company\u2019s beliefs and expectations relating to the filing of its Annual Report and to the Company\u2019s ability to regain compliance with the Nasdaq Listing Rule. These forward-looking statements are not guarantees of future results and are subject to a number of risks and uncertainties, many of which are difficult to predict and beyond the Company\u2019s control. Important factors that may cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, a material delay in the Company\u2019s financial reporting, including the possibility that the Company will not be able to file its Annual Report within the next several days, the Company\u2019s independent auditor\u2019s ability to finalize its review of the unaudited consolidated financial statements of the Company and the Annual Report in a timely manner, the Company\u2019s ability to respond in a timely and satisfactory manner to the inquiries by Nasdaq, the Company\u2019s ability to regain compliance with the Nasdaq Listing Rule, the Company\u2019s ability to become current with its reports with the SEC and other factors described more fully in the Company\u2019s periodic filings with the SEC. The Company disclaims and does not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.<\/p>\n<p>\n        <em>For further information, contact: <\/em>\n      <\/p>\n<p>\n        <strong>Coffee Holding Co., Inc.<\/strong><br \/>\n        <br \/>Andrew Gordon<br \/>President &amp; CEO <br \/>(718) 832-0800<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc0MzEzMCM1MzkyNjc3IzIwMTg3NDE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YjMxMzNmZjAtOGI5Ny00MmQ2LWI1ZDAtZjllZjhmNjc4OWQwLTEwMzAzMTQ=\/tiny\/Coffee-Holding-Co-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>STATEN ISLAND, New York, Feb. 06, 2023 (GLOBE NEWSWIRE) &#8212; Coffee Holding Co., Inc. (Nasdaq: JVA) (the \u201cCompany\u201d) today announced that it received a notice (the \u201cNotice\u201d) on February 2, 2023 from The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) stating that the Company is not in compliance with the requirements for continued listing under\u00a0Nasdaq\u00a0Listing\u00a0Rule\u00a05250(c)(1) (the \u201cListing Rule\u201d) because the Company has not yet filed its Annual Report on Form\u00a010-K\u00a0for the year ended October 31, 2022 (the \u201cAnnual Report\u201d) with the Securities and Exchange Commission (the \u201cSEC\u201d). The Notice has no immediate effect on the listing or trading of the Company\u2019s common stock on the Nasdaq Capital Market. The Notice states that the Company has 60 calendar days from the date of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/coffee-holding-co-inc-receives-notice-from-nasdaq-regarding-delayed-annual-report\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Coffee Holding Co., Inc. Receives Notice from Nasdaq Regarding Delayed Annual Report&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-729063","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Coffee Holding Co., Inc. Receives Notice from Nasdaq Regarding Delayed Annual Report - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/coffee-holding-co-inc-receives-notice-from-nasdaq-regarding-delayed-annual-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coffee Holding Co., Inc. Receives Notice from Nasdaq Regarding Delayed Annual Report - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"STATEN ISLAND, New York, Feb. 06, 2023 (GLOBE NEWSWIRE) &#8212; Coffee Holding Co., Inc. (Nasdaq: JVA) (the \u201cCompany\u201d) today announced that it received a notice (the \u201cNotice\u201d) on February 2, 2023 from The Nasdaq Stock Market LLC (\u201cNasdaq\u201d) stating that the Company is not in compliance with the requirements for continued listing under\u00a0Nasdaq\u00a0Listing\u00a0Rule\u00a05250(c)(1) (the \u201cListing Rule\u201d) because the Company has not yet filed its Annual Report on Form\u00a010-K\u00a0for the year ended October 31, 2022 (the \u201cAnnual Report\u201d) with the Securities and Exchange Commission (the \u201cSEC\u201d). The Notice has no immediate effect on the listing or trading of the Company\u2019s common stock on the Nasdaq Capital Market. The Notice states that the Company has 60 calendar days from the date of &hellip; Continue reading &quot;Coffee Holding Co., Inc. 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