Triller Group rang Nasdaq’s opening bell back in early February.
Just a few weeks later, the majority stakeholder in Bare Knuckle Fighting Championship (BKFC) is in danger of being delisted from Nasdaq after failing to file its annual report. Triller was served with a delinquency letter on April 17 highlighting its non-compliance.
“The Company is working diligently to complete its Form 10-K and expects to file its Form 10-K within the 60-day period described,” Triller wrote in response. “[That] would eliminate the need for the Company to submit a formal plan to regain compliance.”
Nasdaq Listing Rule 5250(c)(1) requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission (SEC). Companies then have 60 calendar days to submit plans to regain compliance, pending approval.
BKFC recently partnered up with former UFC champion, Conor McGregor, for a series of bare knuckle pay-per-view (PPV) events on DAZN. That includes its annual “KnuckleMania” card, typically populated with well-traveled UFC veterans and ex-champions.
The promotion’s next effort is BKFC 73 on April 26 from Palazzo Wanny in Florence, Italy.
This story originally appeared on MMA Mania
