Trimble Receives Nasdaq Notice Over Delayed 10-K Filing, Secures Waiver from Lenders

Trimble Inc. disclosed on March 26, 2025, that it received a notice from Nasdaq regarding non-compliance with Listing Rule 5250(c)(1) due to the delayed filing of its 2024 Form 10-K. The company emphasized the notice does not currently affect the trading of its stock and that it plans to submit a compliance plan within the allowed 60 days.

Separately, Trimble entered into a Consent and Waiver agreement with lenders on March 21, extending the deadline to deliver its 2024 year-end and Q1 2025 financials to June 2, 2025. The waiver also eliminates any default triggered by the missed filing deadline.

Trimble cited audit delays caused by the prior filing of amended 2023 and 2024 quarterly reports. The company maintains that it does not expect material differences between its press-released results and the delayed 10-K.