Saturday, April 23, 2016 2:53:37 AM
On April 18, 2016, InterCloud Systems, Inc., a Delaware corporation (the “Company”), received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) for continued listing because the Company had not yet filed its Annual Report on Form 10-K for the period ended December 31, 2015 (the “2015 10-K”).
As previously disclosed in the Company’s Notification of Late Filing on Form 12b-25, filed with the Securities and Exchange Commission on March 30, 2016, during the fourth quarter of 2015 and the first quarter of 2016, the Company entered into numerous financings and effected the disposition of a subsidiary. The Company expects to complete its review process and file the 2015 10-K in advance of the due date, or June 17, 2016, in order to regain compliance with Nasdaq Listing Rule 5250(c)(1).
https://www.sec.gov/Archives/edgar/data/1128725/000121390016012738/f8k041816_intercloud.htm
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