JTH Holding Inc., the parent company of Liberty Tax Service, said it has received a letter from the Nasdaq Stock Market indicating it was not in compliance with Nasdaq’s continued listing requirements.
JTH said Wednesday it anticipated the letter as it has not yet completed some previously announced restatements of its prior financial statements, which it admitted are necessary in order to file its Form 10-K annual report for the year ended April 30, 2013 with the Securities and Exchange Commission by the extended deadline of Aug. 13, 2013.
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