BRIEF-FC Global To Restate Annual Report On Form 10-K For Period Ending Dec. 31, 2017 [Reuters]
FC GLOBAL REALTY INC (FCRE)
US:NASDAQ Investor Relations:
quicktake.morningstar.com/stocknet/secdocuments.aspx?symbol=fcre&country=usa
Company Research
Source: Reuters
BRIEF-FC Global To Restate Annual Report On Form 10-K For Period Ending Dec. 31, 2017 | Reuters Reuters Staff 2 Min Read May 11 (Reuters) - FC Global Realty Inc: * FC GLOBAL REALTY - CO DETERMINED TO RESTATE ITS ANNUAL REPORT ON FORM 10-K FOR PERIOD ENDING DECEMBER 31, 2017 * FC GLOBAL REALTY INC - DISCOVERED AN ERROR IN ITS REPORTING OF VALUE OF AN ASSET ACQUIRED DURING 2017 * FC GLOBAL REALTY SAYS VALUATION ERROR HAS IMPACT ON CO’S PREVIOUSLY RELEASED FINANCIAL RESULTS FOR FY 2017 - SEC FILING * FC GLOBAL REALTY - EXPECTS CORRECTION OF ERROR WILL RESULT IN CO REPORTING INCREASE OF $577,000 IN LOSS REPORTED FOR FY 2017 * FC GLOBAL REALTY - DETERMINED THERE WAS DEFICIENCY IN INTERNAL CONTROL OVER FINANCIAL REPORTING THAT CONSTITUTES MATERIAL WEAKNESS AT DEC 31, 2017 * FC GLOBAL REALTY - DETERMINED THAT THERE WAS A DEFICIENCY IN CONTROL REGARDING IDENTIFICATION AND VALUATION OF ASSETS ACQUIRED IN 2017 * FC GLOBAL REALTY INC - REMEDIATING MATERIAL WEAKNESS BY IMPLEMENTING PROCESS OF ENH
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