Ecology and Environment Inc. Receives Nasdaq Notice
March 26 2019 - 5:50PM
On March 25, 2019, Ecology and Environment Inc. (Nasdaq: EEI) (E
& E, or the “Company”) received, as expected, a formal
notification from the Listing Qualifications Department of the
Nasdaq Stock Market (“Nasdaq”) stating that the Company is not in
compliance with the requirements for continued listing under Nasdaq
Listing Rule 5250(c)(1) (the “Rule”) because it did not file its
Quarterly Report on Form 10-Q for the period ended January 26,
2019. The Company previously received similar letters of
non-compliance related to delinquencies in filing its Annual Report
on Form 10-K for the fiscal year ended July 31, 2018 and its
Quarterly Report on Form 10-Q for the period ended October 27,
2018.
In a letter dated January 18, 2019, Nasdaq granted the Company’s
request for an exception in order to enable the Company to regain
compliance with the Rule. Under the terms of the exception, the
Company must file all delinquent annual and quarterly reports with
the Securities and Exchange Commission on or before May 13, 2019 in
order to regain compliance with the Rule. The Company currently
intends to regain compliance with the Rule prior to the May 13,
2019 deadline.
The Nasdaq notification has no immediate impact on the listing
or trading of the Company’s common stock on the Nasdaq Stock
Market.
About Ecology and Environment Inc. E & E is
a global network of innovators and problem solvers, dedicated
professionals and industry leaders in scientific, engineering, and
planning disciplines working collaboratively with clients to
develop technically sound, science-based solutions to the leading
environmental challenges of our time. The company is listed on the
Nasdaq Stock Exchange under the ticker symbol EEI
and the information in this release can be found online at
www.ene.com.
Contact:Sara HerrmannCorporate Communications Manager(716)
684-8060sherrmann@ene.com
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