Tintri Delisted From Nasdaq: to Cease Operations or to Be Sold, no More Choice
Following $60 million IPO last year
This is a Press Release edited by StorageNewsletter.com on July 10, 2018 at 2:46 pmTintri, Inc. received a Staff Delisting Determination Letter from Nasdaq setting forth a determination to delist the company’s securities as a result of the company’s failure to satisfy the requirements of Nasdaq Listing Rule 5250(c)(1) due to its failure to file a Quarterly Report on Form 10-Q for the period ended April 30, 2018.
Unless the company requests an appeal of the delisting determination, trading of the company’s common stock will be suspended at the opening of business on July 12, 2018, and Nasdaq will file a Form 25-NSE with the SEC, which will remove the company’s securities from listing and registration on Nasdaq.
The company has not determined at this time whether it will file an appeal of the delisting determination.
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