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Marvell Receives Supplemental Nasdaq Notification

Related to late filing of 1Q17 Form 10-Q

Marvell Technology Group Ltd. announced that, as a result of the previously announced delayed filing of its Form 10-Q for the first quarter of fiscal 2017, in accordance with the rules of The Nasdaq Stock Market, it received a supplemental notice from Nasdaq on June 13, 2016 that the company does not comply with Nasdaq’s continued listing rule requiring timely filing of all required periodic reports.

As previously disclosed, The Nasdaq Hearings Panel granted the company an extension of time to September 6, 2016 to regain compliance with the continued listing requirements. In its supplemental notice, Nasdaq requested that the company present its views with respect to this additional deficiency to the Hearings Panel in writing no later than June 20, 2016.  The company intends to comply with this request. The company is working diligently to complete the preparation and filing of its annual report on Form 10-K for fiscal 2016 and its quarterly reports on Form 10-Q for the second and third quarters of fiscal 2016 and the first quarter of fiscal 2017 as soon as practicable.

Read also:
Nasdaq Granted Marvell Extension of Time to Regain Compliance With Continued Listing Requirements
Until September 6, 2016
2016.05.04 | Press Release
Marvell Receives Nasdaq Staff Determination Letter
Will remain listed pending hearing.
2016.04.06 | Press Release
Marvell Will not Meet Terms of Previously Nasdaq Granted Extension
And intends to request hearing.
2016.03.09 | Press Release
Not in Compliance With Nasdaq, Marvell Completing Audit Committee Investigation
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2016.03.02 | Press Release
Marvell Receives Supplemental Nasdaq Notification
To submit update to compliance plan previously filed with Nasdaq
2015.12.21 | Press Release
Marvell Filing of Compliance Plan With Nasdaq
For extension of time to regain compliance with continued listing requirements
2015.11.18 | Press Release
Marvell Receives Nasdaq Notification
Related to late filing of Form 10-Q
2015.09.17 | Press Release

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