Cutera, Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Annual Report on Form 10-Q
2023年11月17日 - 8:00AM
ビジネスワイヤ(英語)
Cutera, Inc. (Nasdaq: CUTR) (“Cutera” or the “Company”), a
leading provider of aesthetic and dermatology solutions, announced
today that it received a notice (the “Notice”) from the Listing
Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”)
on November 15, 2023 indicating that the Company is not currently
in compliance with Nasdaq’s Listing Rules (the “Listing Rules”) due
to the Company’s inability to timely file its Form 10-Q for the
period ended September 30, 2023 (the “Form 10-Q”) with the
Securities and Exchange Commission (“SEC”). The Notice has no
immediate effect on the listing or trading of the Company’s
securities. Pursuant to Listing Rule 5250(c)(1), the Company was
required to file the Form 10-Q by November 9, 2023 (the “Due
Date”). The Company previously reported its inability to file the
Form 10-Q by the Due Date in a Form 12b-25 that the Company filed
with the SEC on November 13, 2023.
Nasdaq has informed the Company that, under Nasdaq rules, the
Company has 60 calendar days from receipt of the Notice to submit a
plan to regain compliance with the Rule. If Nasdaq accepts the
Company’s plan, then Nasdaq may grant an exception of up to 180
calendar days from the due date of the Form 10-Q or until May 7,
2024, to regain compliance. However, there can be no assurance that
Nasdaq will accept the Company’s plan to regain compliance or that
the Company will be able to regain compliance within any extension
period granted by Nasdaq or maintain compliance with the other
continued listing requirements set forth in the Nasdaq Listing
Rules. If Nasdaq does not accept the Company’s plan, then the
Company will have the opportunity to appeal that decision to a
Nasdaq hearings panel.
The Company is working diligently to complete the Form 10-Q. The
Company anticipates filing the Form 10-Q as promptly as
practicable.
About Cutera, Inc.
Cutera is a leading provider of aesthetic and dermatology
solutions for practitioners worldwide. Since 1998, Cutera has been
developing innovative, easy-to-use products that harness the power
of science and nature to enable medical practitioners to offer safe
and effective treatments to their patients. For more information,
call +1-415-657-5500 or 1-888-4CUTERA or visit www.cutera.com.
Forward-Looking Statements
Certain statements in this press release, other than purely
historical information, are “forward-looking statements” within the
meaning of the Private Securities Litigation Reform Act of 1995,
Section 27A of the Securities Act, and Section 21E of the
Securities Exchange Act of 1934, as amended, including, without
limitation, statements regarding the Company’s expectation on when
it will file the Form 10-Q. Forward-looking statements are based on
management’s current, preliminary expectations and are subject to
risks and uncertainties, which may cause the Company’s actual
results to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements, including, but not limited to the risk
that the Company is not able to file its Form 10-Q in a reasonable
time period, and the risk that the Company finds errors in its
consolidated financial statements or additional material weaknesses
in its internal control over financial reporting. The Company
undertakes no obligation to update publicly any forward-looking
statements to reflect new information, events, or circumstances
after the date they were made, or to reflect the occurrence of
unanticipated events. If the Company updates one or more
forward-looking statements, no inference should be drawn that it
will make additional updates concerning those or other
forward-looking statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20231116868339/en/
Cutera, Inc. Greg Barker VP, Corporate FP&A and
Investor Relations 415-657-5500 IR@cutera.com
Cutera (NASDAQ:CUTR)
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Cutera (NASDAQ:CUTR)
過去 株価チャート
から 6 2023 まで 6 2024