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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

順序品牌:納斯達克通知稱公司的證券和註冊將從指數中刪除
Dow Jones Newswires ·  2021/08/31 22:06

Press Release: Sequential Brands Group Receives Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standards; Transfer of Listing

新聞稿:順序品牌集團收到退市或未能滿足繼續上市規則或標準的通知;轉讓上市

Sequential Brands Group Receives Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standards; Transfer of Listing

順序品牌集團收到退市或未能滿足繼續上市規則或標準的通知;轉讓上市

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.

紐約,2021年8月31日(環球通訊社)--正如之前披露的那樣,2021年5月25日,Sequential Brands Group,Inc.(簡稱Sequential或其部分子公司)收到納斯達克股票市場(Nasdaq)的一封信,通知該公司,由於沒有及時提交截至2021年3月31日的10-Q表格季度報告(“10-Q表格”),公司2021年8月25日,公司收到納斯達克的另一封信,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,因此未遵守納斯達克規則5250(C)(1)。這封補充信函指出,公司被要求在2021年9月3日之前提交一份重新遵守規則的計劃,如果批准,任何允許公司重新遵守規則的例外情況都將要求在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據美國破產法第11章在特拉華州地區的美國破產法院開始了自願的第11章程序。公司收到納斯達克的一封信,通知公司,根據納斯達克上市規則5101、5110(B)和IM-5101-1,由於公司根據破產法第11章提交的申請以及現有的違約行為導致的違規行為,公司普通股的交易將於2021年9月9日開盤時暫停,並將向證券交易委員會提交25-NSE表格,該表格將取消公司證券在納斯達克的上市和註冊資格。


Sequential Brands Group:
Katherine Nash
+1 512-757-2566
Knash@sbg-ny.com

順序品牌組:凱瑟琳·納什+1 512-757-2566郵箱:knash@sbg-ny.com

(END) Dow Jones Newswires

(完)道瓊通訊社

August 31, 2021 21:46 ET (01:46 GMT)

2021年8月31日美國東部時間21:46(格林尼治標準時間01:46)

*DJ Sequential Brands Gets Delisting Notice From Nasdaq

*DJ Sequential Brands收到納斯達克退市通知

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August 31, 2021 21:55 ET (01:55 GMT)

2021年8月31日美國東部時間21:55(格林尼治標準時間01:55)

*DJ Sequential Brands Stock to Be Suspended Sept. 9 Due to Ch. 11 Filing, Failure to Submit Quarterly Reports

*DJ Sequential Brands股票將於9月1日停牌9由於CH.11提交,未提交季度報告

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August 31, 2021 21:59 ET (01:59 GMT)

2021年8月31日美國東部時間21:59(格林尼治標準時間01:59)

*DJ Sequential Brands Filed for Bankruptcy on Tuesday

*DJ Sequential Brands週二申請破產

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August 31, 2021 22:01 ET (02:01 GMT)

2021年8月31日東部時間22:01(格林尼治標準時間02:01)

*DJ Sequential Brands Said It Was No Longer Able to Operate Portfolio of Brands Due to Significant Debt

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August 31, 2021 22:02 ET (02:02 GMT)

2021年8月31日東部時間22:02(格林尼治標準時間02:02)

*DJ Sequential Brands Portfolio Includes Jessica Simpson, Joe's Jeans, Gaiam

*DJ Sequential Brands投資組合包括Jessica Simpson,Joe‘s Jeans,Gaiam

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August 31, 2021 22:03 ET (02:03 GMT)

2021年8月31日東部時間22:03(格林威治時間02:03)

*DJ Sequential Brands: Nasdaq Notice Says Company's Securities, Registration to Be Removed From Index

*DJ Sequential Brands:Nasdaq通知稱公司的證券、註冊將從指數中刪除

(END) Dow Jones Newswires

(完)道瓊通訊社

August 31, 2021 22:06 ET (02:06 GMT)

2021年8月31日東部時間22:06(格林尼治標準時間02:06)

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