Kraft Heinz Receives Notification of Deficiency From Nasdaq Related to Delayed Filing of Annual Report on Form 10-K
15 Março 2019 - 6:15PM
Business Wire
The Kraft Heinz Company (NASDAQ: KHC) (“Kraft Heinz” or the
“Company”) today received a standard notice from Nasdaq stating
that, as a result of not having timely filed its annual report on
Form 10-K for the year ended December 29, 2018, Kraft Heinz is not
in compliance with Nasdaq Listing Rule 5250(c)(1), which requires
timely filing of periodic financial reports with the Securities and
Exchange Commission. This notice has no immediate effect on the
listing or trading of Kraft Heinz’s common stock on the Nasdaq
Global Select Market.
Under Nasdaq’s listing rules, Kraft Heinz has 60 calendar days
from the date of the notice to submit a plan to regain compliance.
If the plan is accepted by Nasdaq, Kraft Heinz can be granted up to
180 calendar days from the Form 10-K's due date (as extended by
Rule 12b-25 under the Securities Exchange Act of 1934, as
amended), to regain compliance. Kraft Heinz expects to submit
a plan to regain compliance or file its Form 10-K within
the timeline prescribed by Nasdaq.
Kraft Heinz is working diligently and expects to file its Form
10-K in the coming weeks.
ABOUT THE KRAFT HEINZ COMPANY
For 150 years, we have produced some of the world’s most beloved
products at The Kraft Heinz Company (NASDAQ: KHC). Our Vision is To
Be the Best Food Company, Growing a Better World. We are one of the
largest global food and beverage companies, with 2018 net sales of
approximately $26 billion. Our portfolio is a diverse mix of iconic
and emerging brands. As the guardians of these brands and the
creators of innovative new products, we are dedicated to the
sustainable health of our people and our planet. To learn
more, visit www.kraftheinzcompany.com or follow us on LinkedIn and
Twitter.
Forward-Looking Statements
This press release contains a number of forward-looking
statements. Words such as “expect,” “working,” "will," "may," and
variations of such words and similar future or conditional
expressions are intended to identify forward-looking statements.
These forward-looking statements include, but are not limited to,
statements regarding our beliefs and expectations relating to the
filing and content of the Form 10-K and compliance with Nasdaq's
listing rules. These forward-looking statements are not guarantees
of future results and are subject to a number of risks and
uncertainties, many of which are difficult to predict and beyond
our control. Important factors that may cause actual results to
differ materially from those in the forward-looking statements
include, but are not limited to, a material delay in Kraft Heinz’s
financial reporting and the possibility that ongoing reviews may
identify errors or control deficiencies in Kraft Heinz’s accounting
practices. We disclaim and do not undertake any obligation to
update or revise any forward-looking statement in this press
release, except as required by applicable law or regulation.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190315005565/en/
Michael Mullen (media)Michael.Mullen@kraftheinz.com
Christopher Jakubik, CFA (investors)ir@kraftheinz.com
Kraft Heinz (NASDAQ:KHC)
Gráfico Histórico do Ativo
De Mar 2024 até Abr 2024
Kraft Heinz (NASDAQ:KHC)
Gráfico Histórico do Ativo
De Abr 2023 até Abr 2024