Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
In determining whether to accept the Company's plan, Nasdaq will consider such things as the likelihood that the Filing, along with any subsequent periodic filing that will be due, can be made within the 180 day period, the Company's past compliance history, the reasons for the late Filing, other corporate events that may occur within our review period, the Company's overall financial condition and its public disclosures. If Nasdaq accepts the Company's plan, it can grant an extension of up to 180 calendar days from the Filing's due date or until
The Company intends to consider all available options to regain compliance with the requirements of the Listing rules. There can be no assurance that the Company will develop a plan to regain compliance, that Nasdaq will accept such plan, that any such plan will be successful, that the Company will appeal any determination by Nasdaq to reject the plan, that Nasdaq will grant any such appeal, or that the Company will be able to regain or subsequently maintain compliance with the requirements for continued listing under the Listing Rules. Failure to maintain listing on Nasdaq of the Company's common stock may have a material adverse effect on the price or liquidity of the common stock.
Most Popular Stories
- Consumer Prices Edge Up, Surprising Economists
- Steris to Add 100 Jobs in Birmingham
- Clinton Rallies New England Women
- Market Jolt Offers a Reality Check for Investors
- Ebola in New York, Mali Raises Travel Jitters
- Do Voters Want Compromise?
- Beepi Eases Peer-to-peer Auto Sales
- Stocks Close Out Best Week in Nearly 2 Years
- Microsoft Earnings Drive Stocks Higher
- Timeline for New York Ebola Doctor