GlobalSCAPE Regains Compliance with NYSE American Continued Listing Standards
25 Juin 2018 - 10:15PM
Business Wire
GlobalSCAPE, Inc. (NYSE American: GSB), a worldwide leader in
the secure movement and integration of data, announced today that
it has regained compliance with the NYSE American LLC (the
“Exchange”) continued listing standards.
As previously reported by the Company in a Current Report on
Form 8-K on August 28, 2017, GlobalSCAPE received notice on August
22, 2017 that the Company was not in compliance with the continued
listing standards of the NYSE American Company Guide (the “Company
Guide”).
In a letter dated June 15, 2018, NYSE Regulation notified
GlobalSCAPE that the Company had resolved its listing deficiency
with respect to Sections 134 and 1101 of the Company Guide since it
filed with the Securities and Exchange Commission on June 14, 2018
its complete Form 10-Qs for the periods ended March 31, 2017, June
30, 2017, September 30, 2017, March 31, 2018, and Form 10-K for the
period ended December 31, 2017, as well as its previously withdrawn
Form 10-K for the period ended December 31, 2016. As a result, the
Company has successfully regained compliance with the Exchange’s
continued listing standards. Accordingly, the late filer (“.LF”)
indicator will no longer be disseminated with the Company’s ticker
symbol, and the Company will be removed from the list of NYSE
American non-compliant issuers on the Exchange’s website.
About GlobalSCAPE
GlobalSCAPE, Inc. (NYSE American: GSB) is a pioneer in securing
and automating the movement and integration of data seamlessly in,
around and outside your business, between people and places, in and
out of the cloud. GlobalSCAPE provides technology that automates
your work and secures your data, while giving visibility to those
who need it. GlobalSCAPE makes business flow brilliantly. For more
information, visit http://www.globalscape.com or follow the blog
and Twitter updates.
Safe Harbor Statement
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. The words
“would,” “exceed,” “should,” “anticipates,” “believe,” “expect,”
and variations of such words and similar expressions identify
forward-looking statements, but their absence does not mean that a
statement is not a forward-looking statement. These forward-looking
statements are based upon the Company’s current expectations and
are subject to a number of risks, uncertainties and assumptions.
The Company undertakes no obligation to update any forward-looking
statements, whether as a result of new information, future events
or otherwise. Among the important factors that could cause actual
results to differ significantly from those expressed or implied by
such forward-looking statements are risks that are detailed in the
Company’s Annual Report on Form 10-K for the year ended December
31, 2017 filed with the SEC on June 14, 2018; the discovery of
additional information relevant to the internal investigation; the
conclusions of the Company’s Audit Committee (and the timing of the
conclusions) concerning matters relating to the internal
investigation; the possibility that additional errors relevant to
the recently completed restatement may be identified; pending
litigation and other proceedings and the possibility of further
legal proceedings adverse to GlobalSCAPE resulting from the
restatement or related matters; and the costs associated with the
restatement and the investigation.
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version on businesswire.com: https://www.businesswire.com/news/home/20180625005868/en/
GlobalSCAPEPress ContactLisa Kilpatrick,
210-308-8267PR@GlobalSCAPE.comorInvestor Relations
ContactMatt Glover or Najim Mostamand, CFA,
949-574-3860IR@GlobalSCAPE.com
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