Revolution Lighting Sends Notification to Nasdaq Related to Delayed SEC Filings
30 Abril 2019 - 5:00PM
Revolution Lighting Technologies, Inc. (NASDAQ: RVLT) (“Revolution
Lighting” or the “Company”), a global provider of advanced LED
lighting solutions, announced today that on April 30, 2019 the
Company sent a notification to the Nasdaq Stock Market (“Nasdaq”),
stating that the Company has concluded it will not be able to
regain compliance with Listing Rule 5250(c)(1) (the “Financial
Reporting Rule”) by May 8, 2019.
As previously announced, the Company has received notifications
from Nasdaq stating that, as a result of not having timely filed
its Quarterly Report on Form 10-Q for the fiscal quarter ended
September 30, 2018 and its Annual Report on Form 10-K for the
fiscal year ended December 31, 2018, the Company is not in
compliance with the Financial Reporting Rule, which requires timely
filing of periodic financial reports with the Securities and
Exchange Commission (“SEC”). Nasdaq previously granted the Company
an exception period until May 8, 2019 to regain compliance with the
Financial Reporting Rule.
The Company intends to file the delinquent Form 10-K, including
the information required in the delinquent Form 10-Q, as soon as
possible. However, the Company cannot provide assurance either that
it will make all delinquent filings or that all such filings will
be made before the Company becomes subject to delisting from
Nasdaq.
About Revolution Lighting Technologies Inc.
Revolution Lighting Technologies, Inc. is a leader in the
design, manufacture, marketing, and sale of LED lighting solutions
focusing on the industrial, commercial and government markets in
the United States, Canada, and internationally. Through advanced
LED technologies, Revolution Lighting has created an innovative
lighting company that offers a comprehensive advanced product
platform of high-quality interior and exterior LED lamps and
fixtures, including signage and control systems. Revolution
Lighting is uniquely positioned to act as an expert partner,
offering full service lighting solutions through our operating
divisions including Energy Source, Multi-Family and Tri-State LED
to transform lighting into a source of superior energy savings,
quality light and well-being. Revolution Lighting Technologies
markets and distributes its products through a network of regional
and national independent sales representatives and distributors, as
well as through energy savings companies and national accounts.
Revolution Lighting Technologies trades on the Nasdaq Capital
Market under the ticker RVLT. For more information, please visit
rvlti.com and connect with the Company on Twitter,
LinkedIn and Facebook.
Forward-looking statements
Except for statements of historical fact, the matters discussed
herein are “forward-looking statements” within the meaning of the
applicable securities laws and regulations. The words “estimates”,
“expects,” “intends,” “believes” and similar expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain these identifying words.
Forward-looking statements, including statements regarding when the
Company will make its delinquent filings and whether the Company
will regain compliance with Nasdaq’s continued listing
requirements, involve risks and uncertainties that may cause actual
results to differ materially from those stated here. Factors that
could cause actual results to differ materially from those in the
forward-looking statements include, but are not limited to, the
risk that the Company will be unable to make its delinquent filings
before it becomes subject to delisting from Nasdaq, or at all, and
the other risks described more fully in the Company’s filings with
the SEC. Forward-looking statements reflect the views of the
Company’s management as of the date hereof. The Company does not
undertake to revise these statements to reflect subsequent
developments.
RVLT Investor Relations Contact:Amato and Partners, LLCInvestor
Relations Counseladmin@amatoandpartners.com
Source: Revolution Lighting Technologies, Inc.
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