Inter-Atlantic Financial, Inc. Receives Notice from Exchange
17 Fevereiro 2009 - 6:42PM
Business Wire
Inter-Atlantic Financial, Inc. (NYSE Alternext US: IAN) (the
�Company�) announced today that it received notice from the NYSE
Alternext US, LLC (�Exchange�) indicating that it was not in
compliance with Section 704 of the NYSE Alternext US Company Guide
(the �Company Guide�) because the Company did not hold an annual
meeting of its stockholders during the year ended December 31,
2008. The Company is in receipt of this letter although the
Company�s counsel, at the Company�s direction, previously contacted
the Exchange and was informed verbally that due to the timing of
the Company�s initial public offering the Company would not be
required to have an annual meeting until 2009.
The notification from the Exchange indicates that the Company
has until March�10, 2009 to submit a plan advising the Exchange of
action it has taken, or will take, that would bring the Company
into compliance with all continued listing standards by August�11,
2009. Upon receipt of the Company�s plan, which the Company
anticipates filing with the Exchange prior to the March�10, 2009
deadline, the Exchange will evaluate the plan and make a
determination as to whether the Company has made a reasonable
demonstration in the plan of an ability to regain compliance with
the continued listing standards, in which case the plan will be
accepted. If accepted, the Company will be able to continue its
listing, during which time the Company will be subject to continued
periodic review by the Exchange�s staff. If the Company�s plan is
not accepted, the Exchange could initiate delisting procedures
against the Company.
Inter-Atlantic Financial, Inc. is a blank check company formed
for the purpose of effecting a merger, capital stock exchange,
stock purchase, asset acquisition or other similar business
combination with one or more operating businesses in the financial
services industry.
Forward-Looking Statements
Any statements contained in this press release that do not
describe historical facts may constitute forward-looking statements
as that term is defined by the United States Private Securities
Litigation Reform Act of 1995. This press release may contain
certain forward-looking statements including statements with regard
to the future performance of the Company. Words such as �believes,�
�expects,� �projects,� "will"�and �future� or similar expressions
are intended to identify forward-looking statements. Any such
forward-looking statements contained herein are based on current
expectations, but these forward-looking statements inherently
involve certain risks and uncertainties that may cause actual
results to differ materially from expectations such as material
adverse events affecting the Company, the ability of the Company to
complete a business combination and those other risks and
uncertainties that are detailed in the Company�s Prospectus and
other filings with the Securities and Exchange Commission. The
Company undertakes no obligation to publicly update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
Inter-Atlantic Financial (AMEX:IAN)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024
Inter-Atlantic Financial (AMEX:IAN)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024
Notícias em tempo-real sobre Inter-Atlantic Financial da American Stock Exchange bolsa de valores: 0 artigos recentes
Mais Notícias de Inter-Atlantic Financial, Inc.