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Orthofix International NV Provides Update on NASDAQ Listing Status

Wednesday, 5 Feb 2014 11:00pm EST 

Orthofix International NV:Says that as previously announced, the company intends to restate its financial statements for the 2011 and 2012 calendar years, as well as for the first quarter of 2013.As a result, the company has not yet filed its quarterly reports on Form 10-Q for the fiscal quarters ended June. 30, 2013 and Sept. 30, 2013.Therefore, also as previously announced, the company is not in compliance with NASDAQ Listing Rule 5250(c)(1).Says the company, in coordination with the Audit Committee of the Company's Board of Directors, is currently preparing the financial restatement and the Delinquent Reports, and substantial progress has been made in that regard.Says the company intends to complete the restatement and file the Delinquent Reports as promptly as practicable, and is currently proceeding with the objective of completing this process by the end of the first quarter of 2014. 

Company Quote

-0.645 -1.85%
11 Jul 2014