Synchronoss receives Nasdaq letter
Synchronoss Technologies announced that it has received an anticipated letter from the Listing Qualifications Department of The NASDAQ Stock Market notifying the Company of its noncompliance with Nasdaq Listing Rule 5250(c)(1) because the Company has not yet filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2017. Nasdaq previously granted the Company an exception from its continued listing requirements until November 13, 2017 to file all delinquent periodic reports, including its delinquent Quarterly Report on Form 10-Q for the period ended March 31, 2017. In connection with its delinquency in filing its Quarterly Report on Form 10-Q for the period ended June 30, 2017, Nasdaq has requested an update to the Company's original plan to regain compliance with Nasdaq's continued listing requirements. The Company intends to regain compliance with Nasdaq's filing requirements, and will file its delinquent periodic reports as soon as practicable. The notification of noncompliance has no immediate effect on the listing or trading of Synchronoss' common stock on the Nasdaq Global Select Market under the symbol "SNCR".