Sequential Brands: Nasdaq Notice Says Company's Securities, Registration to Be Removed From Index
Sequential Brands: Nasdaq Notice Says Company's Securities, Registration to Be Removed From Index
On August 31, 2021, the Company and certain of its subsidiaries commenced voluntary Chapter 11 proceedings under Chapter 11 of the United States in the United States Bankruptcy Court for the District of Delaware. The Company received a letter from Nasdaq notifying the Company that, in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1 and as a result of its Chapter 11 filing and the existing non-compliance due to filing delinquencies, the trading of the Company's common stock will be suspended at the opening of business on September 9, 2021 and a Form 25-NSE will be filed with the Securities and Exchange Commission which will remove the Company's securities from listing and registration on the Nasdaq. Press Release: Sequential Brands Group Receives Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standards; Transfer of Listing
新闻稿：顺序品牌集团收到退市或未能满足继续上市规则或标准的通知；转让上市
Sequential Brands Group Receives Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standards; Transfer of Listing
顺序品牌集团收到退市或未能满足继续上市规则或标准的通知；转让上市
NEW YORK, Aug. 31, 2021 (GLOBE NEWSWIRE) -- As previously disclosed, on May 25, 2021, Sequential Brands Group, Inc. ("Sequential" or the "Company") and certain of its subsidiaries received a letter from the Nasdaq Stock Market ("Nasdaq") notifying the Company that as a result of not having timely filed its Quarterly Report on Form 10-Q for the period ended March 31, 2021 (the "Form 10-Q") that the Company was not in compliance with the requirements of Nasdaq Listing Rule 5250(c)(1). On August 25, 2021, the Company received an additional letter from Nasdaq indicating that the Company remains delinquent in filing the Form 10-Q for the period ended March 31, 2021 as well as for the period ended June 30, 2021 and therefore is not in compliance with Nasdaq Rule 5250(c)(1). The additional letter states that the Company is required to submit a plan to regain compliance with the rule by September 3, 2021 and that any exception to allow the Company to regain compliance, if granted, would require compliance by November 22, 2021.
纽约，2021年8月31日(环球通讯社)--正如之前披露的那样，2021年5月25日，Sequential Brands Group，Inc.(简称Sequential或其部分子公司)收到纳斯达克股票市场(Nasdaq)的一封信，通知该公司，由于没有及时提交截至2021年3月31日的10-Q表格季度报告(“10-Q表格”)，公司2021年8月25日，公司收到纳斯达克的另一封信，信中指出公司仍未提交截至2021年3月31日的10-Q表格以及截至2021年6月30日的表格，因此未遵守纳斯达克规则5250(C)(1)。这封补充信函指出，公司被要求在2021年9月3日之前提交一份重新遵守规则的计划，如果批准，任何允许公司重新遵守规则的例外情况都将要求在2021年11月22日之前遵守。
On August 31, 2021, the Company and certain of its subsidiaries commenced voluntary Chapter 11 proceedings under Chapter 11 of the United States in the United States Bankruptcy Court for the District of Delaware. The Company received a letter from Nasdaq notifying the Company that, in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1 and as a result of its Chapter 11 filing and the existing non-compliance due to filing delinquencies, the trading of the Company's common stock will be suspended at the opening of business on September 9, 2021 and a Form 25-NSE will be filed with the Securities and Exchange Commission which will remove the Company's securities from listing and registration on the Nasdaq.
2021年8月31日，公司及其某些子公司根据美国破产法第11章在特拉华州地区的美国破产法院开始了自愿的第11章程序。公司收到纳斯达克的一封信，通知公司，根据纳斯达克上市规则5101、5110(B)和IM-5101-1，由于公司根据破产法第11章提交的申请以及现有的违约行为导致的违规行为，公司普通股的交易将于2021年9月9日开盘时暂停，并将向证券交易委员会提交25-NSE表格，该表格将取消公司证券在纳斯达克的上市和注册资格。
Sequential Brands Group:
Katherine Nash
+1 512-757-2566
Knash@sbg-ny.com
顺序品牌组：凯瑟琳·纳什+1 512-757-2566邮箱：knash@sbg-ny.com
(END) Dow Jones Newswires
(完)道琼通讯社
August 31, 2021 21:46 ET (01:46 GMT)
2021年8月31日美国东部时间21：46(格林尼治标准时间01：46)
*DJ Sequential Brands Gets Delisting Notice From Nasdaq
*DJ Sequential Brands收到纳斯达克退市通知
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August 31, 2021 21:55 ET (01:55 GMT)
2021年8月31日美国东部时间21：55(格林尼治标准时间01：55)
*DJ Sequential Brands Stock to Be Suspended Sept. 9 Due to Ch. 11 Filing, Failure to Submit Quarterly Reports
*DJ Sequential Brands股票将于9月1日停牌9由于CH.11提交，未提交季度报告
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August 31, 2021 21:59 ET (01:59 GMT)
2021年8月31日美国东部时间21：59(格林尼治标准时间01：59)
*DJ Sequential Brands Filed for Bankruptcy on Tuesday
*DJ Sequential Brands周二申请破产
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August 31, 2021 22:01 ET (02:01 GMT)
2021年8月31日东部时间22：01(格林尼治标准时间02：01)
*DJ Sequential Brands Said It Was No Longer Able to Operate Portfolio of Brands Due to Significant Debt
*DJ Sequential Brands表示，由于巨额债务，它不再能够运营品牌组合
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August 31, 2021 22:02 ET (02:02 GMT)
2021年8月31日东部时间22：02(格林尼治标准时间02：02)
*DJ Sequential Brands Portfolio Includes Jessica Simpson, Joe's Jeans, Gaiam
*DJ Sequential Brands投资组合包括Jessica Simpson，Joe‘s Jeans，Gaiam
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August 31, 2021 22:03 ET (02:03 GMT)
2021年8月31日东部时间22：03(格林威治时间02：03)
*DJ Sequential Brands: Nasdaq Notice Says Company's Securities, Registration to Be Removed From Index
*DJ Sequential Brands：Nasdaq通知称公司的证券、注册将从指数中删除
(END) Dow Jones Newswires
(完)道琼通讯社
August 31, 2021 22:06 ET (02:06 GMT)
2021年8月31日东部时间22：06(格林尼治标准时间02：06)
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