just has "dropping the ball" on the part of management written all over it.
Maybe they thought it was all set?, sent it to Nasdaq who vetted for couple weeks, these presumably mundane details as this, then they said OK, YOU'RE ALL SET..
Then, they traded for now however long on Nasdaq with no problems, and who would believe there was any "problem", so of course they're going to blame their lawyers and the advisors, than whine to the powers that be...