Hain Celestial gets extension to file financial reports

Hain Celestial gets extension to file financial reports

The Hain Celestial Group, Inc., a leading organic and natural products company, said in an announcement that it has been granted with an extension to file financial reports with the Securities and Exchange Commission. The Lake Success-based company with operations in North America, Europe and India has requested for an exception to Nasdaq’s filing requirement, as set forth in Nasdaq Listing Rule 5250(c)(1), which requires the timely filing of all periodic financial reports with the Securities and Exchange Commission.

As previously disclosed, on August 31, 2016, the Company received a letter from the Staff of Nasdaq as a result of the Company’s inability to timely file its Annual Report on Form 10-K for the fiscal year ended June 30, 2016 with the SEC by August 29, 2016, as required under the Rule.

On October 31, 2016, the Company timely submitted to Nasdaq its plan to regain compliance with the Rule and, on November 2, 2016, the Company received formal notice from the Staff that the Company had been granted an extension, through February 27, 2017, to file its periodic reports with the SEC.

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