Codere Online Regains Compliance with Nasdaq Listing Requirements | CDRO Stock News

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Jun 06, 2025
  • Codere Online (CDRO, Financial) has regained compliance with Nasdaq listing requirements.
  • The company's securities will continue trading on Nasdaq without interruption.
  • The previously scheduled delisting review hearing has been cancelled.

Codere Online (CDRO), a prominent online gaming operator focused on Spanish and Latin American markets, has successfully regained compliance with Nasdaq listing standards. This achievement follows the company's submission of its 2024 annual report on Form 20-F with the U.S. Securities and Exchange Commission (SEC) on June 2, 2025.

Nasdaq has confirmed that Codere Online now meets the conditions of Listing Rule 5250(c)(1), which ensures ongoing trading of its securities on the Nasdaq Capital Market. The delisting hearing initially slated for May 22, 2025, has been officially cancelled, eliminating the risk of Codere Online's removal from the exchange.

This development marks a significant milestone for Codere Online, allowing the company to maintain its position in the competitive online gambling industry. The operator continues to expand its digital presence in markets such as Spain, Mexico, Colombia, Panama, and Argentina, alongside its physical presence through Codere Group in Latin America.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.