Fellazo Inc. Receives Notice from Nasdaq
Fellazo Inc. (FLLCU)
Company Research
Source: GlobeNewswire
NEW YORK, NY, Dec. 18, 2019 (GLOBE NEWSWIRE) -- Fellazo Inc. (the “Company”) announced today that, on December 13, 2019, the Company received a notice from the Listing Qualification Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that, based upon its review of the Company’s filings with the Securities and Exchange Commission (“SEC”) and the materials submitted by the Company to Nasdaq, the Staff had determined to (i) deny the Company’s extension request through May 18, 2020 to evidence compliance with Nasdaq Listing Rule 5250(c)(1) due to the Company’s failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2019 (“Form 10-Q”), and (ii) delist the Company’s securities from Nasdaq for its failure to (a) timely file its Form 10-Q as required by Nasdaq Listing Rule 5250(c)(1) and (b) disclose certain information as required by Listing Rule 5250(b)(1), concerning certain unauthorized related party transactions as described
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