Imperial Sugar Company Reports Compliance with NASDAQ Listing Rules

Imperial Sugar Company IPSU filed its Annual Report on Form 10-K for the fiscal year ended September 30, 2011 with the SEC on January 6, 2012, regaining compliance with NASDAQ listing rules. On January 3, 2012 the Company received a letter from NASDAQ indicating that the Company was not in compliance with NASDAQ's listing rules (Listing Rule 5250(c)(1)), as it had not filed its 2011 Form 10-K timely. As previously reported, the Company had not received audited financial statements from Louisiana Sugar Refining, LLC, a significant equity method investee, to allow the Company and its auditors to place reliance on such financial statements in its SEC filings. As a result, the Company was unable to file its 2011 Form 10-K timely.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsEvents
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!