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Symantec Receives Notification of Deficiency From Nasdaq

For delayed quarterly report on Form 10-Q

Symantec Corp. received on August 10, 2018 a standard notice from Nasdaq stating that, as a result of not having timely filed its quarterly report on Form 10-Q for the quarterly period ended June 29, 2018, the company is not in compliance with Nasdaq Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the SEC.

The Nasdaq notice has no immediate effect on the listing or trading of Symantec’s common stock on the Nasdaq Global Select Market.

As previously announced, the firm received a notice of non-compliance from Nasdaq on May 31, 2018 due to delay in the filing of Symantec’s annual report on Form 10-K for the fiscal year ended March 30, 2018. Under Nasdaq’s listing rules, the firm was permitted to submit to Nasdaq a plan to regain compliance with the Nasdaq Listing Rules.

Symantec previously submitted such a plan to the Nasdaq Staff, and Nasdaq has granted Symantec until November 26, 2018 to regain compliance.

Read also:
Symantec Receives Notification of Deficiency from Nasdaq
Related to delayed annual report on Form 10-K
2018.06.04 | Press Release

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