TechTarget Files 8-K Following Receipt of Nasdaq Notice
November 19 2009 - 4:00PM
Business Wire
Information technology (IT) media company TechTarget, Inc.
(NASDAQ: TTGT) today reported that, on November 13, 2009, the
Company received a Nasdaq Staff Deficiency letter indicating that
it is not in compliance with the filing requirement under Nasdaq
Marketplace Rule 5250(c)(1) due to its failure to timely file its
Quarterly Report on Form 10-Q for the quarter ended September 30,
2009. The Company currently anticipates making all necessary
filings to become current in its reporting obligations as soon as
practicable. Pursuant to Nasdaq rules, the Company has until
January 12, 2010 to submit a plan to the Nasdaq staff to regain
compliance with Nasdaq’s filing requirement. The Company will
endeavor to become current in its reporting obligations prior to
such date, and intends to submit a compliance plan to Nasdaq if it
is unable do so. Following any such submission, Nasdaq may provide
the Company with up to 180 days from that initial delinquent filing
(until May 10, 2010) to regain compliance.
About TechTarget
TechTarget, a leading online technology media company, gives
technology providers ROI-focused marketing programs to generate
leads, shorten sales cycles, and grow revenues. With its network of
more than 60 technology-specific websites and more than 7.5 million
registered members, TechTarget is a primary Web destination for
technology professionals researching products to purchase. The
company is also a leading provider of independent, peer and vendor
content, a leading distributor of white papers, and a leading
producer of webcasts, podcasts, videos and virtual trade shows for
the technology market. Its websites are complemented by numerous
invitation-only events. TechTarget provides proven lead generation
and branding programs to top advertisers including Cisco, Dell,
EMC, HP, IBM, Intel, Microsoft, SAP and Symantec.
(C) 2009 TechTarget, Inc. All rights reserved. TechTarget and
the TechTarget logo are registered trademarks of TechTarget. All
other trademarks are the property of their respective owners.
This press release includes statements which constitute
forward-looking statements made pursuant to the safe harbor
provision of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements in this press release are not promises
or guarantees and are subject to risks and uncertainties that could
cause our actual results to differ materially from those
anticipated. These statements are based on management's current
expectations and assumptions and are naturally subject to
uncertainty and changes in circumstances. We caution you not to
place undue reliance upon any such forward-looking statements.
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