OCZ Receives Anticipated Nasdaq Letter

OCZ Technology Group, Inc. announced that, as anticipated, the company received a letter from the Staff of the Listing Qualifications Department of The NASDAQ Stock Market LLC indicating that, based upon the company’s failure to timely file its Form 10-Q for the quarter ended May 31, 2013 with the SEC, as required by NASDAQ Listing Rule 5250(c)(1), the additional filing deficiency would be considered by the Listing Qualifications Panel regarding the company’s continued listing on The NASDAQ Capital Market.

As previously reported, on May 28, 2013 the company received a determination from the NASDAQ Listing Qualifications Panel indicating that the Panel had granted the company’s request to remain listed on The NASDAQ Stock Market, subject to the condition that the company is current in the filing of its periodic reports with the SEC by September 16, 2013.

The plan of compliance presented to the Panel at the hearing anticipated that the filing of the Form 10-Q for the quarter ended May 31, 2013 would be delayed and included in the company’s plan for making this filing.

Read also:
OCZ: "On Track to Becoming Current With SEC Filings Before End of August"
Update investors on restatement progres
OCZ Remains Listed on Nasdaq
Until at least September 16
OCZ Received Anticipated Nasdaq Letter
Failure to timely file annual report on Form 10-K
OCZ Will Not Meet April 8 NASDAQ Extension Date
To become current in report filings with SEC
OCZ Receives Nasdaq Extension
To regain compliance  
OCZ Receives Extension to Regain Compliance With Nasdaq
And continues to be listed at least until February 28, 2013
SEC Conducts Investigation on OCZ
Related to financial reporting
OCZ Not in Compliance With Filing Requirements for Continued Listing
On Nasdaq   
OCZ Unables to File Form 10-Q
For second quarter of fiscal year 2013