SCO Group buys some time from Nasdaq on de-listing; no annual report filed yet

Posted by dave on Feb 25, 2005 10:30 AM EDT
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The embattled SCO Group announced through a legal posting Friday that it has requested and has been granted a hearing on whether the company should be de-listed from the Nasdaq Stock Exchange. The Lindon, Utah-based Unix products and services company had published no press release but only posted its SEC Form 8K on the matter, which is considered sufficient public notification of the Nasdaq action. The hearing will be held on March 17, effectively buying about three weeks' time to continue selling stock on the exchange.

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