Del Global Technologies of Valhalla, NY, yesterday announced that its stock was delisted from the Nasdaq stock exchange effective December 19.
Del said it has not yet decided whether it will ask Nasdaq to review its decision. The company intends to apply for a listing of its common stock on Nasdaq as soon as it has filed 10-K paperwork with the Securities and Exchange Commission, the company said.
Del reported in November that it would delay the filing of its 10-K statement pending a review of its financial results for fiscal 1999 and 2000. At the same time, the company announced that it was taking steps to strengthen its internal accounting procedures.
By AuntMinnie.com staff writers
December 20, 2000
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