Thursday, June 15, 2017 4:24:54 PM
https://www.sec.gov/Archives/edgar/data/3116/000117184315002690/f12b25_050815.htm
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On 5.19.2015 (11 days after the NT 10-Q), they filed 8k to update investors about the waiver to their lender for non timely to file Financial Statements:
https://www.sec.gov/Archives/edgar/data/3116/000117184315002991/gff8k_051915.htm
Weird right? This is the 3rd examples I found...AMDA never filed a similar 8K to update investors about "waiver" they ask from Hercules even the 10K, 10Q is way overdue.
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The similar 8K like the ones AMDA filed on 5.26.2017 to update investors about the delisting warning letter from Nasdaq they received on 5.23.2017:
"On May 12, 2015, Akorn Inc. (the "Company") received a written Staff Determination Notice ("Notice") from the NASDAQ Stock Market ("NASDAQ"), stating that the Company is not in compliance with NASDAQ Marketplace Listing Rule 5250(c)(1) for continued listing because the Company has not timely filed the Quarterly Report on Form 10-Q for the fiscal quarter for the period ended March 31, 2015 (the "filing"). On May 14, 2015 the Company also issued a press release disclosing the receipt of the notice and a copy of the press release has been furnished as Exhibit 99.1 to this report.
The Notice indicates that the Company has until July 13, 2015 to submit a plan of compliance to NASDAQ addressing any issues it believes would support its request for an extension of up to 180 calendar days from the due date of the filing. The Company intends to submit a plan of compliance to NASDAQ within the 60-day window and the Company will take all necessary steps to achieve compliance with all NASDAQ listing requirements. During this process, the Company expects that its common stock will continue to be listed and traded on the NASDAQ Stock Market.
On May 12, 2015, Akorn Inc. (the "Company") received a written Staff Determination Notice ("Notice") from the NASDAQ Stock Market ("NASDAQ"), stating that the Company is not in compliance with NASDAQ Marketplace Listing Rule 5250(c)(1) for continued listing because the Company has not timely filed the Quarterly Report on Form 10-Q for the fiscal quarter for the period ended March 31, 2015 (the "filing"). On May 14, 2015 the Company also issued a press release disclosing the receipt of the notice and a copy of the press release has been furnished as Exhibit 99.1 to this report.
The Notice indicates that the Company has until July 13, 2015 to submit a plan of compliance to NASDAQ addressing any issues it believes would support its request for an extension of up to 180 calendar days from the due date of the filing. The Company intends to submit a plan of compliance to NASDAQ within the 60-day window and the Company will take all necessary steps to achieve compliance with all NASDAQ listing requirements. During this process, the Company expects that its common stock will continue to be listed and traded on the NASDAQ Stock Market."
https://www.sec.gov/Archives/edgar/data/3116/000117184315002921/document.htm
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https://www.sec.gov/Archives/edgar/data/3116/000117184315002690/f12b25_050815.htm
"Akorn Announces Nasdaq's Acceptance of Its Plan to Regain Compliance
LAKE FOREST, Ill., July 15, 2015 (GLOBE NEWSWIRE) -- Akorn, Inc. (Nasdaq:AKRX), today announced that the Nasdaq Stock Market has accepted the company's plan to regain compliance with Nasdaq Listing Rule 5250(c)(1) which will permit the continued listing of Akorn's stock on the Nasdaq Global Select Market.
As previously reported on May 18, 2015, Akorn received a letter from Nasdaq stating that the company was not in compliance with Nasdaq listing rules because the company had not filed its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2015 with the Securities and Exchange Commission. In the letter, Nasdaq requested that Akorn submit a plan to regain compliance with Nasdaq listing rules within 60 days.
On July 10, 2015, Akorn submitted to Nasdaq a plan to regain compliance with Nasdaq listing rules. After reviewing Akorn's plan to regain compliance, Nasdaq granted an exception to enable the company to regain compliance with the listing rules. Under the terms of the exception, Akorn must file its Form 10-Q for the quarterly period ended March 31, 2015 and all other periodic reports required by listing rules on or before November 9, 2015. In the event that Akorn does not satisfy the terms set forth in the extension, Nasdaq will provide written notification that Akorn's securities will be subject to delisting proceedings. At that time, Akorn may appeal Nasdaq's determination for a panel review."
https://www.sec.gov/Archives/edgar/data/3116/000117184315003836/newsrelease.htm
DON'T BE ALARM THAT WE DON'T SEE ANY 8K on Jun 19, 2017...it's a non issue on the delisting...WE MIGHT SEE A 8K JUST SAY PLAN ACCEPTED (MAYBE DAYS LATER AFTER JUN 19, 2017).
DON'T LISTEN TO THE MISINFO. BS ABOUT DELISTING FROM THE BEARS! All this time, the bears will try to spin BS, so they can knock the price down...to rob.
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