Redwire Corporation (RDW) Issues Update Regarding Delayed Form 10-Q Filing, Has Not Identified Material Misstatements

December 3, 2021 5:48 AM EST

News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.

Redwire Corporation (NYSE: RDW) announced today that it received a notice from the New York Stock Exchange indicating that the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 with the Securities and Exchange Commission. The notice has no effect on the listing or trading of the Company’s securities on the NYSE.

As the Company reported in its Form 12b-25 filed with the SEC on November 15, 2021 the Audit Committee of the Company’s Board of Directors is overseeing an investigation of potential accounting issues at a business subunit and, to date, the Company has not identified any material misstatements or restatements of its previously filed financial statements.

The Company continues to work diligently to conclude the review and will file the Form 10-Q as soon as practicable.

The Company reassures its customers, shareholders, suppliers, and employees that the ongoing investigation does not impact Redwire’s product performance, technical and mission excellence and does not affect its ability to continue to generate revenue and cash flow.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Management Comments