HOBOKEN, N.J., Sept. 24, 2015 (GLOBE NEWSWIRE) — Liquid Holdings Group, Inc. (NASDAQ:LIQD), a SaaS provider of advance administration solutions for the buy side, appear today that it accustomed a letter on September 21, 2015 from the Advertisement Qualifications Department (the “Staff”) of the Nasdaq Banal Market (“NASDAQ”) advertence that the Staff had bent to delist the Company’s accepted banal from The NASDAQ Capital Market at the aperture of business on September 30, 2015 and to book a Form 25-NSE with the Balance and Exchange Commission (the “SEC”), which would aish the Company’s balance from advertisement and allotment on the NASDAQ. This assurance was based on the Company’s abortion to accommodated the agreement of its barring from acquiescence with NASDAQ’s filing requirements as declared in added detail below, as able-bodied as the Staff’s acceptance that Liquid is not in a position to book the behind alternate letters with the SEC by October 12, 2015, which represents the Staff’s best acumen for acceding an exception. The Company has until 4:00 p.m. Eastern time on September 28, 2015 to book for an address of this assurance afore a NASDAQ Hearing Panel. The Company continues to appraise its position with account to filing an appeal.
On April 16 and May 19, 2015, NASDAQ notified the Company that it did not accede with NASDAQ’s filing requirements set alternating in Advertisement Rule 5250(c)(1) (the “Rule”) because it had not filed its Form 10-K for the year concluded December 31, 2014 and its Form 10-Q for the aeon concluded March 31, 2015 with the SEC. Based on the Staff’s analysis and the abstracts submitted on June 19 and July 1, 2015, NASDAQ accepted the Company an barring until September 15, 2015 to achieve acquiescence with the Rule.
Additional acknowledgment is accessible in a Current Report on Form 8-K, which will be accessible on Liquid’s Broker Relations web armpit beneath SEC Filings.
About Liquid Holdings Group
Liquid Holdings Group, Inc. (NASDAQ:LIQD) is a SaaS provider of advance administration solutions to the buy side. The Liquid belvedere combines multi-asset order, beheading and accident administration with adumbration NAV and broker advertisement capabilities. Liquid goes a footfall further, abetment its mission-critical front-office capabilities with managed casework to transform manually accelerated middle-office processes into an automated, seamless experience. The Company offers the Liquid belvedere or any of its apparatus on a cable base to barrier armamentarium managers, asset managers, ancestors offices and banking institutions worldwide.
Liquid was called Best EMS and Best New Cloud Application by HFM, 2014 Best Global Accident Administration Software Company and Best USA Global Accident Administration Software Company by the readers of Hedgeweek, as able-bodied as 2014 Best Cloud Provider and Best Fin Tech Operations Startup by FTF News.
Headquartered in Hoboken, New Jersey, Liquid Holdings Group was formed in 2012. For added information, amuse appointment www.liquidholdings.com.
Cautionary Account Concerning Forward Looking Statements
This absolution contains advanced statements aural the acceptation of the federal balance laws. Statements that are not absolute facts, including statements about our behavior and expectations, are advanced statements. These statements include, amid others, statements apropos to the delisting of our accepted banal from NASDAQ. These statements are based on our behavior and assumptions, which in about-face are based on currently accessible information. Advanced statements absorb accepted and alien risks and uncertainties, which could account absolute after-effects to alter materially from those independent in any advanced statement. Many of these factors are above our adeptness to ascendancy or adumbrate and you should be acquainted that the accident of assertive events, including those referenced in the sections blue-blooded “Risk Factors” in our Annual Report on Form 10-K for the year concluded December 31, 2013, our consecutive Quarterly Letters on Form 10-Q or added filings with the SEC, could abuse our business, prospects, after-effects of operations, clamminess and banking condition, could account our banal amount to abatement decidedly or could crave us to calibration aback or cease operations. Except as appropriate by applicative law, we are beneath no obligation to about amend or alter any advanced statements.
Five Facts About Cognito Forms Review That Will Blow Your Mind | Cognito Forms Review – cognito forms review
| Allowed to be able to my website, on this occasion I am going to teach you in relation to cognito forms review