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Stockreport

Global Eagle Announces Receipt of NASDAQ Notification

GLOBAL EAGLE ENTERTAINMENT INC (ENT)  More Company Research Source: GlobeNewswire
US:NYSE Investor Relations: investors.geemedia.com
PDF LOS ANGELES, Sept. 14, 2017 (GLOBE NEWSWIRE) -- On September 13, 2017, Global Eagle Entertainment Inc. (Nasdaq:ENT) ("Global Eagle" or the "Company") received a notification from the Listing Qualifications Department of The NASDAQ Stock Market LLC (“NASDAQ”) stating that the Company did not meet NASDAQ’s September 12, 2017 deadline to regain compliance with NASDAQ Listing Rule 5250(c)(1).  The Company is not in compliance with this Listing Rule because it has not yet filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2016 or its Quarterly Reports on Form 10-Q for the fiscal quarters ended March 31, 2017 and June 30, 2017.  The NASDAQ letter has no immediate effect on the listing of the Company’s common stock on The NASDAQ Capital Market. The NASDAQ letter however states that NASDAQ has determined to delist the Company’s securities, but that the Company may appeal that determination to a NASDAQ Hearings Panel by submitting a notice of appeal prior to Septemb [Read more]

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