CHICAGO--(BUSINESS WIRE)--May 18, 2018--
Inc. (NASDAQ: INWK), the leading global marketing execution firm,
announced that, as a result of not having timely filed its Form 10-Q for
the quarter ended March 31, 2018, it has received a customary
notification letter from NASDAQ, stating that the Company is not
currently in compliance with NASDAQ Listing Rule 5250(c)(1), which
requires timely filing of periodic financial reports with the U.S.
Securities and Exchange Commission (the “SEC”). The Form 10-Q filing is
delayed as a result of additional time required by the Company to
complete the restatement of certain of its historical financial
statements, as previously disclosed on May 7, 2018.
Such notices are routinely issued by NASDAQ when there are late filings
with the SEC. The NASDAQ letter has no immediate effect on the listing
or trading of the Company’s common stock. The letter requests that the
Company submit a plan to regain compliance with respect to NASDAQ’s
listing standards no later than July 16, 2018. However, the Company
anticipates that it will file the Form 10-Q in advance of that date, and
therefore, believes that submission of a plan will not be necessary.
InnerWorkings, Inc. (NASDAQ: INWK) is the leading global marketing
execution firm serving Fortune 1000 brands across a wide range of
industries. As a comprehensive outsourced enterprise solution, the
Company leverages proprietary technology, an extensive supplier network
and deep domain expertise to streamline the production of branded
materials and retail experiences across geographies and formats.
InnerWorkings is headquartered in Chicago, IL and employs 2,000
individuals to support global clients in the execution of multi-faceted
brand campaigns in every major market around the world. Among the many
industries InnerWorkings serves are: retail, financial services,
hospitality, consumer packaged goods, not-for-profits, healthcare, food
& beverage, broadcasting & cable, automotive, and transportation. For
more information visit: www.inwk.com.
This release contains forward-looking statements under the federal
securities laws. We can give no assurance regarding any of these
statements. Any forward-looking statements represent our views only as
of today and should not be relied upon as representing our views as of
any subsequent date. These statements are subject to a variety of risks
and uncertainties that could cause our actual results to differ
materially from the statements contained in this release. For a
discussion of important factors that could affect our actual results,
please refer to our SEC filings, including the “Risk Factors” section of
our most recently filed Form 10-K.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180518005765/en/
Source: InnerWorkings, Inc.