Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”), a leading online gaming operator in Spain and Latin America, today announced that, by letter received on February 12, 2025, the Nasdaq Hearings Panel (the “Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) has decided to grant the Company’s request to continue its listing on Nasdaq, subject to the Company filing its annual report on Form 20-F for the year ended December 31, 2023.
The Panel’s decision comes after a hearing on January 16, 2025, during which the Panel evaluated the Company’s strategy to restore compliance with Listing Rule 5250(c)(1) (the “Rule”).
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The Company has and continues to work tirelessly with its new auditor to complete and file its 2023 Annual Report with the Securities and Exchange Commission (“SEC”), which it intends to do during the Panel’s extended time, therefore restoring Rule compliance.
Following this favorable event, the Company plans to report its fourth-quarter 2024 results before 8:30 a.m. US Eastern Time on Thursday, February 20, 2025.
On the same day, at 8:30 a.m. US Eastern time, Codere Online’s management will have a conference call to discuss the results and offer a business update.
The Company’s results press release and presentation will be published on its website, www.codereonline.com.
The dial-in information for the conference call, as well as the audio webcast registration link, are available in the Events & Presentations area of the website. The webcast will be recorded and made available after the conference call.
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