A10 NETWORKS, INC. (NYSE:ATEN) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

A10 NETWORKS, INC. (NYSE:ATEN) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01.

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Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On April 3, 2018, A10 Networks, Inc. (the “Company”) received a notice from the New York Stock Exchange (the “NYSE”) indicating that the Company is not in compliance with the NYSE’s continued listing requirements under the timely filing criteria outlined in Section 802.01E of the NYSE Listed Company Manual, given the Company has not timely filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2017 (the “Form 10-K”) with the Securities and Exchange Commission (the “SEC”).

As reported by the Company in its Form 12b-25 filed with the SEC on March 19, 2018 (the “Form 12b-25”), the Company was unable to file the Form 10-K within the prescribed time period without unreasonable effort or expense. The extension period provided under Rule 12b-25 expired on April 2, 2018. As disclosed in the Form 12b-25, the Company did not expect to file the Form 10-K by the prescribed due date allowed to Rule 12b-25. Accordingly, the Company anticipated receiving the aforementioned notice from the NYSE.

The NYSE informed the Company that, under the NYSE’s rules, the Company will have six months from April 2, 2018 to file the Form 10-K with the SEC. The Company can regain compliance with the NYSE’s continued listing requirements at any time prior to such date by filing the Form 10-K with the SEC. If the Company fails to file the Form 10-K by the NYSE’s six-month compliance deadline, then the NYSE may grant, at its sole discretion, a further extension of up to six additional months for the Company to regain compliance, depending on the specific circumstances. The letter from the NYSE also notes that the NYSE may nevertheless commence delisting proceedings at any time if the circumstances warrant.

A copy of the press release relating to this announcement is filed as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit

Description

99.1

Press Release, issued on April 6, 2018.


A10 Networks, Inc. Exhibit
EX-99.1 2 exhibit991pressreleaseforn.htm EXHIBIT 99.1 Exhibit EXHIBIT 99.1A10 Networks Receives Expected NYSE Notice Regarding Late Form 10-K FilingSAN JOSE,…
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About A10 NETWORKS, INC. (NYSE:ATEN)

A10 Networks, Inc. is a provider of application networking and network security technologies. The Company’s solutions enable enterprises, service providers, Web companies and government organizations to secure and optimize the performance of their data center applications, and secure their users, applications and infrastructure from Internet, Web and network threats at scale. The Company’s products are built on its Advanced Core Operating System (ACOS). The Company offers approximately four software-based solutions that are built on top of its software-based ACOS cloud-ready application networking platform and are delivered primarily on its optimized hardware appliances, including Application Delivery Controller (ADC), Carrier Grade Networking (CGN), Threat Protection System (TPS) and Convergent Firewall (CFW). Its support services include installation, phone support, repair and replacement, software updates, online tools, consulting and training services.

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