THE HAIN CELESTIAL GROUP, INC. (NASDAQ:HAIN) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued
Listing Rule or Standard; Transfer of Listing
Company) received a notification letter from the Listing
Qualifications Staff (the Staff) of The NASDAQ Stock Market LLC
(Nasdaq) notifying the Company that it is not in compliance with
Nasdaq Listing Rule 5250(c)(1) (the Rule) because its Quarterly
Report on Form 10-Q for the quarter ended September 30, 2016 was
not filed on a timely basis with the U.S. Securities and Exchange
Commission (the SEC). The Rule requires the Company to timely
file all required periodic financial reports with the SEC. The
Company had previously announced that, on November 2, 2016, the
Company received formal notice from the Staff that the Company
had been granted an extension, through February 27, 2017, to file
its periodic reports with the SEC. The Company issued a press
release on November 16, 2016 disclosing its receipt of the
notification from Nasdaq to Nasdaq Listing Rule 5810(b). A copy
of such press release is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.
announcing that the Audit Committee of the Companys Board of
Directors concluded its independent review with external counsel
into concessions with respect to certain distributors in the
United States. The press release is attached hereto as Exhibit
99.1 and is incorporated herein by reference.
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Exhibit No.
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Description
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99.1
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Press Release of The Hain Celestial Group, Inc. dated
November 16, 2016 |
About THE HAIN CELESTIAL GROUP, INC. (NASDAQ:HAIN)
The Hain Celestial Group, Inc. manufactures, markets, distributes and sells organic and natural products under brand names, which are sold as better-for-you products. The Company operates in five segments: the United States, the United Kingdom, Canada, Europe and Hain Pure Protein. The Company’s brands include Almond Dream, Arrowhead Mills, BluePrint, Celestial Seasonings, Cully & Sully, Danival, DeBoles, Earth’s Best, Ella’s Kitchen, Europe’s Best, Farmhouse Fare, Frank Cooper’s, Gale’s, Garden of Eatin’, GG UniqueFiber, Hartley’s, Health Valley, Imagine, Johnson’s Juice Co., Lima, Linda McCartney, MaraNatha, New Covent Garden Soup Co., Rice Dream, Robertson’s, Rudi’s Organic Bakery, Rudi’s Gluten-Free Bakery, Sensible Portions, Spectrum, Spectrum Essentials and Soy Dream, among others. Its markets its personal care products under the Alba Botanica, Avalon Organics, Earth’s Best, JASON and Queen Helene brands. In addition, it offers the Joya and Happy brands. THE HAIN CELESTIAL GROUP, INC. (NASDAQ:HAIN) Recent Trading Information
THE HAIN CELESTIAL GROUP, INC. (NASDAQ:HAIN) closed its last trading session down -0.18 at 35.82 with 2,311,216 shares trading hands.