Kid Brands Announces Reliance on SEC Extension for Filing of Third Quarter Form 10-Q Due to Hurricane Sandy
Kid Brands (NYSE: KID) today announced that, due to a loss of power and communications for an extended period of time caused by Hurricane Sandy, and in reliance upon relief provided by the Securities and Exchange Commission in an Exemptive Order, set forth in SEC Release No. 68224, dated November 14, 2012, the Company intends to file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2012 (the "Q3 10-Q") after the market closes on November 20, 2012. The hurricane and its aftermath resulted in the closure of the Company's New Jersey corporate offices, during which communications were hampered, and the Company suffered from a lack of electricity, facilities and the availability of staff and professional advisors to complete the preparation of the Q3 10-Q. Kid Brands will also issue its press release for the third quarter 2012 before the market opens, and will hold a conference call webcast to discuss its results at 9:00 a.m. ET, on Wednesday, November 21, 2012.
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