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NYSE to provide Fairchild extention in trading period
17 Jul '07
1 min read
The Fairchild Corporation reported that the NYSE agreed to provide the Company with an additional one month trading period under its late filer rules, through August 16, 2007.
During the trading extension period provided by the NYSE, the Company expects its Auditors, KPMG LLP, will finalize the audit associated with the restatement of the financial statements through September 30, 2006, so that the Company may issue its Annual Report for the year ended September 30, 2006.
In the event that the Company does not complete its September 30, 2006 Form 10-K filing with the SEC by August 16, 2007, due to unforeseen delays, the Company will be permitted to submit additional materials and request a remaining trading period of up to five-months through January 16, 2008.
The materials would be reviewed by a Committee of the NYSE, which will make a determination regarding the Company's continued listing on the NYSE.
The business of Fairchild consists of three segments: PoloExpress, Hein Gericke, and Aerospace.
Fairchild's PoloExpress and Hein Gericke business designs and sells motorcycle protective apparel, helmets, and a large selection of technical accessories, for motorcyclists.
During the trading extension period provided by the NYSE, the Company expects its Auditors, KPMG LLP, will finalize the audit associated with the restatement of the financial statements through September 30, 2006, so that the Company may issue its Annual Report for the year ended September 30, 2006.
In the event that the Company does not complete its September 30, 2006 Form 10-K filing with the SEC by August 16, 2007, due to unforeseen delays, the Company will be permitted to submit additional materials and request a remaining trading period of up to five-months through January 16, 2008.
The materials would be reviewed by a Committee of the NYSE, which will make a determination regarding the Company's continued listing on the NYSE.
The business of Fairchild consists of three segments: PoloExpress, Hein Gericke, and Aerospace.
Fairchild's PoloExpress and Hein Gericke business designs and sells motorcycle protective apparel, helmets, and a large selection of technical accessories, for motorcyclists.
The Fairchild Corporation
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