Staffing 360 Solutions Inc. (NASDAQ: STAF), a staffing firm with operations in the US and UK, said Nasdaq has notified the company it is not in compliance with listing rules because it has not filed a Form 10-Q with the US Securities and Exchange Commission in a timely manner. The move has no immediate effect on the company’s stock listing, though its stock could be delisted if the company does not regain compliance.

The company has until June 20 to file its Form 10-Q or submit a plan to regain compliance.

If Staffing 360 submits a plan to the Nasdaq — and that plan is approved — it would give the company 180 days to get back in compliance. If the plan is rejected, the company could file an appeal.

However, Staffing 360 reported it expects to file a Form 10-Q by June 20, eliminating the need for filing a plan.