VERSAR, INC. (NYSEMKT:VSR) Files An 8-K Results of Operations and Financial Condition
Item 2.02
with the Securities and Exchange Commission on May 10, 2017, on
May 10, 2017, Versar, Inc. (the Company) held an investor
conference call to regarding its financial results for the first,
second and third quarters of its fiscal year 2017. A transcript
of the investor call is attached as Exhibit 99.1.
Rule or Standard; Transfer of Listing.
with the Securities and Exchange Commission on October 20, 2016
and December 20, 2016, the Company received a letter from the
Exchange indicating that the Company was not in compliance with
Sections 134 and 1101 of the Exchanges Company Guide (the Company
Guide) due to the Companys failure to timely file Annual Report
on Form 10-K for the year ended July 1, 2016 (the Annual Report),
as well as the Quarterly Reports on Form 10-Q for the quarters
ended September 30, 2016 and December 30, 2016 (each, a Quaterly
Report and collectively, the Quarterly Reports).
Annual Report on March 28, 2017 and the Quarterly Reports on May
10, 2017. As a result, the Company has been removed from the late
filers list disseminated to data vendors and the LF indicator
posted on the Profile, Date and News pages related to each issue
has been removed. However, the Company will continue to remain on
the list of noncompliant issuers on the Exchanges website, and
the BC indicator will continue to be disseminated, due to the
Companys noncompliance with Section of 1003(a)(i) of the Company
Guide.
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99.1
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May 10, 2017 Investor call transcript
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99.2
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May 11, 2017 Letter from NYSE MKT
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About VERSAR, INC. (NYSEMKT:VSR)
Versar, Inc. is a global project management company providing solutions to government and commercial clients primarily in three business segments: Engineering and Construction Management (ECM), Environmental Services (ESG), and Professional Services (PSG). The Company also provides tailored solutions in harsh environments and offers specialized abilities for classified projects and hazardous materials management. ECM performs Title I Design Services, Title II Construction Management Services and Title III Construction Services. ESG provides full service environmental solutions for project life cycles ranging from a few weeks to more than 15 years in duration and includes Remediation, Compliance, Natural Resources, Cultural Resources, and Unexploded Ordnance/Military Munitions Response Program (UXO/MMRP) Technical Service Areas (TSAs). PSG provides onsite environmental management, planning and engineering services to the Department of Defense (DOD) installations. VERSAR, INC. (NYSEMKT:VSR) Recent Trading Information
VERSAR, INC. (NYSEMKT:VSR) closed its last trading session up +0.01 at 1.41 with 168,292 shares trading hands.
