Mesa recieves Nasdaq delisting notice, to report year-end results this week - Pacific Business News (Honolulu):

Delisting notice has been officially sent...

Mesa Air Group is facing delisting from Nasdaq and will announce its annual results this week.

The parent of interisland carrier go! airlines announced in a filing with the Securities and Exchange Commission Monday that it received a letter from Nasdaq that said the company fails to comply with the filing requirements for continued listing and is subject to delisting.

Phoenix-based Mesa (Nasdaq: MESA) said it has been given 180 days, or until June 29, to regain compliance. Mesa will regain compliance if the bid price for its common stock closes at $1 per share or more for a minimum of 10 consecutive business days.

Mesa stock was at 29 cents in afternoon trading.

The company also announced late last week that it will release its fourth quarter and annual results on Tuesday.

what will happen now?

MESA - Mesa Air Group, Inc. - Google Finance