Daily Journal Corporation Announces That Its Stock Will Continue to Trade on The NASDAQ Stock Market
August 19, 2014 at 20:00 PM EDT
LOS ANGELES, Aug. 19, 2014 (GLOBE NEWSWIRE) -- Daily Journal Corporation (Nasdaq:DJCO) today announced receipt of a letter from The NASDAQ Stock Market stating that the Company's filing delinquencies have been cured and that the Company is in compliance with all NASDAQ listing standards. As a result, the Company's stock will continue to be listed and trade on The NASDAQ Stock Market.
The Company filed its two late quarterly reports on Form 10-Q for the first two quarters of fiscal 2014 with the Securities and Exchange Commission on August 13 and August 15, 2014, respectively. The Company also filed its quarterly report on Form 10-Q for the third quarter of fiscal 2014 on August 18, 2014. Accordingly, the Company is once again current in its filings of periodic reports with the Securities and Exchange Commission.
Daily Journal Corporation publishes newspapers and web sites covering California and Arizona, as well as the California Lawyer magazine, and produces several specialized information services. Sustain Technologies, Inc., New Dawn Technologies, Inc. and ISD Technologies, Inc. are wholly-owned subsidiaries and supply case management software systems and related products to courts and other justice agencies.
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Certain statements contained in this press release are "forward-looking" statements that involve risks and uncertainties that may cause actual future events or results to differ materially from those described in the forward-looking statements. Words such as "expects," "intends," "anticipates," "should," "believes," "will," "plans," "estimates," "may," variations of such words and similar expressions are intended to identify such forward-looking statements. We disclaim any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments, or otherwise. Although we believe that the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to have been correct. Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in documents we file with the Securities and Exchange Commission.
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