The company later filed its Form 10-K for the year ended December 31, 2024 and three delayed Form 10-Qs, representing a catch-up on financial reporting. However, continued listing also depends on satisfying the $1.00 per share minimum bid price standard and timely filing of the 2025 Form 10-K referenced in the earlier panel conditions.
The SEC’s denial of emergency stay relief underscores that trading was indeed suspended and that procedural avenues are limited once a panel acts. Future disclosures around the actual filing of the 2025 Form 10-K and any Nasdaq response will clarify whether trading on the Nasdaq Capital Market resumes. https://www.stocktitan.net/sec-filings/ILLR/8...82771.html