-
- News
- Books
Featured Books
- pcb007 Magazine
Latest Issues
Current IssueTechnology Roadmaps
In this issue of PCB007 Magazine, we discuss technology roadmaps and what they mean for our businesses, providing context to the all-important question: What is my company’s technology roadmap?
Wet Process Control
In this issue, we examine wet processes and how to obtain a better degree of control that allows usable data to guide our decisions and produce consistently higher-quality products.
Don’t Just Survive, Thrive
If we are to be relevant and prosper during these next critical decades in electronics, we must do more than survive. As an industry, we can and must thrive. In this issue, our contributors explore these concepts meant to help you take your business to the next level.
- Articles
- Columns
Search Console
- Links
- Events
||| MENU - pcb007 Magazine
SigmaTron Receives Nasdaq Notice Regarding Late Form 10-K Filing
August 22, 2024 | Globe NewswireEstimated reading time: 1 minute
SigmaTron International, Inc. announced that on August 16, 2024, it received a delinquency notification letter from the Nasdaq Stock Market LLC (Nasdaq) indicating that the Company is not in compliance with the continued listing requirements under Nasdaq Listing Rule 5250(c) because the Company did not timely file its Form 10-K for the fiscal year ended April 30, 2024 (the Form 10-K). The notification letter has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market.
The Company filed a Notification of Late Filing on Form 12b-25 on July 30, 2024, indicating that the filing of the Form 10-K would be delayed because the Company requires additional time to complete its year-end close procedures in light of ongoing negotiations with the Company’s lenders with respect to amendments to the credit agreements with J.P. Morgan Chase Bank, N.A. and TCW Asset Management Company, as Administrative Agent. These processes require significant resources from the Company’s financial, accounting and administrative personnel and, as a result, the Company requires additional time to complete its quarterly review, including the preparation and finalization of its Form 10-K.
Nasdaq has informed the Company that the Company must submit a plan of compliance (the “Plan”) within 60 calendar days, or no later than October 15, 2024, addressing how it intends to regain compliance with Nasdaq’s listing rules and, if Nasdaq accepts the Plan, it may grant an extension of up to 180 calendar days from the Form 10-K original filing due date, or until February 12, 2025, to regain compliance.
The Company is working on completing the Form 10-K.
Suggested Items
KYZEN to Feature AQUANOX A4618 and KYZEN SLV901 at SMTA Empire Expo and Tech Forum
09/18/2024 | KYZEN'KYZEN, the global leader in innovative environmentally responsible cleaning chemistries, will exhibit at the SMTA Empire Expo and Tech Forum, scheduled to take place Thursday, September 26 at the DoubleTree by Hilton in Syracuse, NY.
Altus Hosts Record-Breaking 'Factory of the Future' Event
09/17/2024 | Altus GroupAltus Group, a leading distributor of capital equipment in the UK and Ireland, in partnership with Fuji Corp., recently held its second ‘Factory of the Future’ event at the Advanced Manufacturing Technology Centre (AMTC) in Coventry.
Japan International Aerospace Exhibition 2024: Japan's Largest Comprehensive Aerospace Industry Exhibition
09/17/2024 | ACN NewswireThe Society of Japanese Aerospace Companies and Tokyo Big Sight Inc. are proud to announce the Japan International Aerospace Exhibition 2024, to be held over four days from October 16 (Wed.) to October 19 (Sat.), 2024, at Tokyo Big Sight (3-11-1 Ariake, Koto-ku, Tokyo).
ALSI LASER1205: Patented Precision for SiC Wafers
09/17/2024 | ASMPTASMPT, the world’s leading provider of hardware and software for semiconductor and electronics production, presents the ALSI LASER1205, a multi-beam laser dicing platform that sets new standards in terms of precision and performance.
Vuzix Receives $10 Million First Tranche Investment from Quanta Computer
09/16/2024 | PRNewswireVuzix® Corporation, a leading supplier of smart glasses and Augmented Reality (AR) technology and products, is pleased to announce that it has completed the closing of the first investment tranche, for the sale of $10 million in common stock at $1.30 per share, under its previously announced September 3, 2024 purchase agreement with Quanta Computer Inc.