Dell Receives Nasdaq Notice
Dell announced that the company received a Nasdaq Staff Determination letter
June 20, 2007
ROUND ROCK, Texas -- Dell Inc. (NASDAQ:DELL - News) announced that the company received, as expected, a NASDAQ Staff Determination letter on June 14, 2007, indicating that the company is not in compliance with the NASDAQ continued listing requirements set forth in Marketplace Rule 4310(c) (14). The Determination letter relates to the delayed filing of the company's Form 10-Q for the first quarter of fiscal 2008 ended May 4, 2007. The company previously announced receipt of NASDAQ Staff Determination letters relating to the delayed filing of its Quarterly Reports on Form 10-Q for the periods ended August 4, 2006 and November 3, 2006, and its Annual Report on Form 10-K for its fiscal year ended February 2, 2007.
As previously announced, on May 4, 2007 the company submitted information regarding the status and certain preliminary results of the Audit Committee investigation to the NASDAQ Listing and Hearing Review Council, and requested the Council to extend the company's conditional listing while the company works to complete its delayed SEC filings and thereby regain compliance with NASDAQ's listing requirements. The Council's determination is pending
Dell Inc.
Read more about:
2007You May Also Like