Imperial Sugar Company Reports Compliance with NASDAQ Listing Rules
January 06 2012 - 10:33AM
Business Wire
Imperial Sugar Company (NASDAQ: IPSU) filed its Annual Report on
Form 10-K for the fiscal year ended September 30, 2011 (“2011 Form
10-K”) with the SEC on January 6, 2012, regaining compliance with
NASDAQ listing rules. On January 3, 2012 the Company received a
letter from NASDAQ indicating that the Company was not in
compliance with NASDAQ’s listing rules (Listing Rule 5250(c)(1)),
as it had not filed its 2011 Form 10-K timely. As previously
reported, the Company had not received audited financial statements
from Louisiana Sugar Refining, LLC, a significant equity method
investee, to allow the Company and its auditors to place reliance
on such financial statements in its SEC filings. As a result, the
Company was unable to file its 2011 Form 10-K timely.
About Imperial Sugar
Imperial Sugar Company is one of the largest processors and
marketers of refined sugar in the United States to food
manufacturers, retail grocers and foodservice distributors. The
Company markets products nationally under the Imperial®, Dixie
Crystals® and Holly® brands. For more information about Imperial
Sugar, visit www.imperialsugar.com and www.iscnewsroom.com.
Imperial Sugar (NASDAQ:IPSU)
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