The company said yesterday that it has until July 16 to meet the listing requirements for Nasdaq, one of which is that its regulatory filings must be current. It plans to ask the Nasdaq’s board of directors for more time to file these papers.
Dell also told the SEC on Monday that it will not be able to file its accounts relating to its 401(k) employee compensation program, due to its ongoing accounting reviews.
The company said in March that it had found evidence of misconduct in how its financial reporting was handled in older quarters, but has yet to reveal the nature or extent of the misreporting.
