EMCORE Regains Compliance With NASDAQ Listing Rule 5250(c)(1)
EMCORE Corporation (NASDAQ: EMKR), a leading provider of compound semiconductor-based components, subsystems and systems for the fiber optics and solar power markets, today reported that it has received a letter, dated January 11, 2011, from the NASDAQ Listing Qualifications Department stating that the Company has regained compliance with NASDAQ Listing Rule 5250(c)(1) by filing with the SEC its Annual Report on Form 10-K for the fiscal year ended September 30, 2010 on January 10, 2011.
Rule 5250(c)(1) requires that NASDAQ listed companies file their required periodic financial reports with the Securities and Exchange Commission on a timely basis. Because the Company was able to regain compliance with NASDAQ Listing Rule 5250(c)(1) before the deadline NASDAQ had established for the Company to submit a plan for regaining compliance, the Company is no longer required to submit such a plan to NASDAQ.
August 6, 2011