Codere Online Maintains Nasdaq Listing After Regaining Compliance

Spain.- June 10th 2025 www.zonadeazar.com Codere Online announced it has regained compliance with Nasdaq’s listing requirements after submitting its annual Form 20-F for fiscal year 2024 to the U.S. Securities and Exchange Commission (SEC) on June 2. The Nasdaq Stock Market confirmed the company now meets Rule 5250(c)(1), canceling a previously scheduled hearing regarding potential delisting.

As a result, Codere Online will continue trading on the Nasdaq Capital Market and is no longer at risk of removal from the exchange.

In addition to this regulatory update, shareholders recently approved a share repurchase program of up to $5 million over one year. Operationally, the company posted solid growth in Q1 2025, with total revenue reaching $60.8 million and net gaming revenue hitting $63.8 million. Notably, revenue from its Mexico operations grew 15% year-over-year, totaling nearly $31.2 million.

Codere Online currently operates iGaming platforms across Latin America and Spain.