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Codere Online Luxembourg, S.A. granted extension by Nasdaq
Luxembourg, Grand Duchy of Luxembourg, February 13, 2025 (GLOBE NEWSWIRE) – 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 determined 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 “2023 Annual Report”) on or before May 12, 2025.
Exciting news for Codere Online as they have been granted an extension by Nasdaq to continue their listing, showcasing their commitment to transparency and compliance. This development speaks volumes about the company’s dedication to providing a secure and trustworthy online gaming experience for their users.
Impact on Me
As a passionate online gamer, this news brings me reassurance that Codere Online is taking the necessary steps to ensure their regulatory compliance and maintain their presence on Nasdaq. This means that I can continue to enjoy their platform with confidence, knowing that they are meeting the necessary requirements to operate in the market.
Impact on the World
The decision by Nasdaq to grant Codere Online an extension not only demonstrates the company’s resilience in the face of challenges but also sets a positive example for the online gaming industry as a whole. By prioritizing transparency and accountability, Codere Online is paving the way for other operators to follow suit, ultimately raising the standards for the industry globally.
Conclusion
In conclusion, Codere Online’s recent announcement of being granted an extension by Nasdaq is a significant milestone for the company and the online gaming industry. By prioritizing regulatory compliance and transparency, Codere Online is setting a positive example for the industry and ensuring a secure and trustworthy gaming experience for players worldwide.
