공시 • Jan 22
Nasdaq Stock Market to Delist iFresh Common Stock On January 20, 2022, iFresh Inc. was notified by The Nasdaq Stock Market (“Nasdaq”) that it will delist the common stock of the Company. The trading of the Registrant’s common stock was suspended on November 23, 2021 based on two continued listing deficiencies. Nasdaq plans to file a Form 25 with the SEC to effect the formal delisting of the Company’s common stock from Nasdaq and will issue a press release to that effect. The delisting of the Company’s common stock will become effective ten days after the Form 25 is filed with the SEC. The filing of the Form 25 by Nasdaq formally completes the Company’s common stock delisting process. 공시 • Oct 01
iFresh Receives Nasdaq Listing Determination iFresh Inc. announced that on September 22, 2021, Nasdaq notified iFresh that due to the Company’s continued non-compliance with Nasdaq’s annual meeting and filing requirements, as set forth in Nasdaq Listing Rules 5620(a) and 5250(c)(1), respectively, the Company’s securities were subject to delisting unless the Company timely requests a hearing before a Nasdaq Hearings Panel (the “Panel”). The Company plans to timely request a hearing before the Panel, which request will automatically stay any further suspension or delisting action by Nasdaq through October 7, 2021. Concurrent with the hearing request and as allowed by the Nasdaq Listing Rules, the Company will also request a further stay of Nasdaq’s determination; that is, beyond October 7, 2021 and pending the ultimate conclusion of the hearing process. At the hearing, the Company will present its plan to evidence compliance with the listing rules and request an extension within which to do so. The Panel has the discretion to grant the Company an extension through March 28, 2022 to hold an annual meeting and through July 11, 2022 to file its periodic reports. As previously disclosed, the Company was unable to timely file the Form 10-K for the fiscal year ended March 31, 2021 and Form 10-Q for the quarter ended June 30, 2021 with the SEC due to the pending restatement of certain of its previously filed financial statements, which process must conclude before the Company will be in a position to file any subsequent periodic reports with the SEC or a proxy statement for the annual meeting. The Company is taking definitive steps to evidence compliance with the listing rules as soon as practicable; however, there can be no assurance that the Panel will grant the Company’s request for continued listing or that the Company will be able to evidence compliance within the period of time that may be granted to the Company by the Panel. 공시 • Jul 23
iFresh Receives Non-Compliance Notice from Nasdaq On July 15, 2021, the iFresh Inc. received a notification letter (the "Notice") from The Nasdaq Stock Market ("Nasdaq") advising the company that, because the company has not filed its Form 10-K for the year ended March 31, 2021 (the "Form 10-K"), it no longer complies with Nasdaq's Listing Rules for continued listing. Nasdaq Listing Rule 5250(c)(1) (the "Rule") requires a company to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the "Commission") through the EDGAR system (the "Filing Requirement"). The company may submit a plan to return to compliance with the Rule. The Notice states that, if Nasdaq accepts the company's compliance plan, it may be eligible for additional time of up to 180 calendar days from the due date of the Form 10-K, or until January 10, 2022, to regain compliance with the Filing Requirement. The company intends to provide a plan to return to compliance with the Rule to Nasdaq. If the compliance plan is not accepted, Nasdaq will provide written notification to the company that its common stock is subject to delisting. Similarly, if the plan is accepted, but the Company fails to regain compliance by the end of the plan period, the Company would receive a delisting notice. Following receipt of a delisting notice, the company may request a hearing before a Nasdaq Listing Qualifications Panel (the "Panel"). The request for a hearing, which must be granted, will initially stay any suspension or delisting action, and the Company may request that the stay be extended through the hearing and the expiration of any additional extension period granted by the Panel following the hearing. The granting of an extended stay is at the Panel's discretion. 공시 • Jul 02
iFresh Inc. announced delayed annual 10-K filing On 06/30/2021, iFresh Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. 공시 • Feb 12
iFresh Inc. announced delayed 10-Q filing On 02/11/2021, iFresh Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.