Business Context and Reporting Period
This Form 8-K is a current report filed by Impinj, Inc. on September 13, 2018. The filing addresses a regulatory compliance matter regarding the company's listing status on The Nasdaq Stock Market.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. It is a procedural report regarding regulatory compliance.
Material Changes
- Listing Compliance Issue: On August 10, 2018, Nasdaq notified Impinj that it was non-compliant with Listing Rule 5250(c)(1) due to the failure to timely file its Form 10-Q for the quarter ended June 30, 2018.
- Resolution: Impinj filed the delinquent Form 10-Q with the SEC on September 12, 2018.
- Regulatory Outcome: On September 13, 2018, Nasdaq determined that the Company had regained compliance with the listing rule.
Guidance, Outlook, and Risks
The filing contains no management guidance, financial outlook, or discussion of future risks beyond the immediate resolution of the listing compliance issue. The primary risk addressed was the potential delisting due to late filing, which has been resolved.
Investor Verification Checklist
- Verify the content of the Form 10-Q for the quarter ended June 30, 2018, which was filed late on September 12, 2018.
- Confirm the company's current standing on Nasdaq to ensure no further compliance notices have been issued.
- Review the attached Press Release (Exhibit 99.1) for any additional context regarding the delay in filing.