comScore (SCOR) Announces Receipt of Notification of Deficiency from NASDAQ
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comScore, Inc. (NASDAQ: SCOR) previously announced that it was delaying the filing of its Quarterly Report on Form 10-Q for the quarter ended June 30, 2016 (the "Form 10-Q").
In connection with the delayed Form 10-Q, on August 12, 2016, comScore received a standard notice from NASDAQ stating that comScore is not in compliance with NASDAQ Listing Rule 5250(c)(1), which requires timely filing of periodic financial reports with the Securities and Exchange Commission. The NASDAQ notice has no immediate effect on the listing or trading of comScore's common stock on the NASDAQ Global Select Market. As previously announced, comScore received notices of non-compliance from NASDAQ on May 18, 2016 and March 16, 2016 due to delays in the filing of comScore's Quarterly Report on Form 10-Q for the quarter ended March 31, 2016 and comScore's Annual Report on Form 10-K for the year ended December 31, 2015, respectively. Under NASDAQ's Listing Rules, comScore was permitted to submit to NASDAQ a plan to regain compliance with the NASDAQ Listing Rules. comScore previously submitted such a plan to the NASDAQ Staff, and NASDAQ has granted comScore until August 29, 2016 to regain compliance.
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