WageWorks discloses NYSE notice regarding delayed 10-K filing
WageWorks provided an update regarding its Form 10-K for FY18. As reported by WageWorks in its Form 12b-25 filed with the SEC on February 28, 2019, the company was unable to file its Form 10-K within the prescribed time period without unreasonable effort or expense. The extension period provided under Rule 12b-25 expired on March 18, 2019. The company continues to work diligently to complete the preparation of its consolidated financial statements in order to be in a position to file its Form 10-K for the fiscal year ended December 31, 2018 with the SEC as soon as possible, but in any event no later than May 2019. The company expects to file its Form 10-Q for the quarter ended March 30, 2019 in June 2019. In summary, the company anticipates achieving compliance with the periodic and annual report requirements in June 2019 at the latest. The company also announced that, as expected, it has received a notice from the NYSE indicating that the it is not in compliance with the NYSE's continued listing requirements under the timely filing criteria.