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Stock Market & Financial Investment News

News Breaks
February 6, 2014
05:27 EDTOFIXOrthofix not in compliance with NASDAQ listing rule
Orthofix International provided an update on issues relating to its listing status with the NASDAQ Stock Market. As previously announced, the company intends to restate its financial statements for the 2011 and 2012 calendar years, as well as for 1Q13. 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 September 30, 2013, and therefore, also as previously announced, the company is not in compliance with NASDAQ Listing Rule 5250(c)(1). The company, in coordination with the Audit Committee of the company’s board, is currently preparing the financial restatement and the Delinquent Reports, and substantial progress has been made in that regard. 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 by the end of 1Q14.
News For OFIX From The Last 14 Days
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August 19, 2014
16:23 EDTOFIXOrthofix to request NASDAQ hearings panel to stay NASDAQ delisting
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16:22 EDTOFIXOrthofix plans to restate prior periods’ financial statements
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