Diamond Foods (DMND) Granted NASDAQ Extension

September 10, 2012 4:10 PM EDT
Diamond Foods (Nasdaq: DMND) was granted an extension by NASDAQ to file its delinquent periodic reports.

From an 8-K filing:
On September 10, 2012, Diamond Foods, Inc. (“Diamond”) issued a press release, a copy of which is attached to this report, announcing that The NASDAQ Stock Market LLC (“Nasdaq”) has informed Diamond that the Nasdaq Hearings Panel has granted Diamond an extension of time for it to file its delinquent periodic reports with the Securities and Exchange Commission, which is required for Diamond common stock to remain listed for trading on Nasdaq. As previously reported, Diamond has not yet filed its Annual Report on Form 10-K for the fiscal year ended July 31, 2011, or its Quarterly Reports on Form 10-Q for the periods ended October 31, 2011, January 31, 2012 and April 30, 2012 (“Delinquent Reports”), and Diamond has not held its annual meeting of stockholders as required by Nasdaq rules. The Nasdaq Hearings Panel is requiring that Diamond be current in its SEC reports by December 7, 2012 and hold its annual meeting of stockholders on or before January 14, 2013 to remain listed on Nasdaq.


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