comScore, Inc. (NASDAQ: SCOR) announced today that it received a letter from the staff of the Listing Qualifications Department of The NASDAQ Stock Market LLC ("NASDAQ") notifying comScore that since it remains delinquent in filing its Annual Report on Form 10-K for the fiscal year ended December 31, 2015 and its Quarterly Reports on Form 10-Q for the quarterly periods endedMarch 31, 2016 and June 30, 2016, respectively, the NASDAQ Staff has determined that comScore is non-compliant with NASDAQ Listing Rule 5250(c)(1). As a result of the foregoing, comScore's common stock is subject to suspension in trading on September 12, 2016 and delisting from The NASDAQ Global Select Market unless comScore requests a hearing before a NASDAQ Listing Qualification Hearings Panel by September 8, 2016. comScore intends to timely request a hearing before such a panel, at which comScore will present its plan to regain and thereafter maintain compliance with all applicable listing requirements. Such panel has authority to grant comScore additional time to regain compliance before further action would be taken to delist comScore's common stock.
In connection with its request for a hearing, comScore also intends to request a stay of the suspension of trading and delisting of its common stock while the appeals process is pending. The panel will notify comScore of its decision to allow comScore's common stock to continue to trade on The NASDAQ Global Select Market pending the hearing and a decision by the panel no later than September 23, 2016. There can be no assurance that the panel will grant the Company's request for continued listing or stay the delisting of its common stock following such date.
About comScore
comScore (NASDAQ: SCOR) is the cross-platform measurement company that precisely measures audiences, brands and consumer behavior everywhere. comScore completed its merger with Rentrak Corporation inJanuary 2016 to create the new model for a dynamic, cross-platform world. Built on precision and innovation, our unmatched data footprint combines proprietary digital, TV and movie intelligence with vast demographic details to quantify consumers' multiscreen behavior at massive scale. This approach helps media companies monetize their complete audiences and allows marketers to reach these audiences more effectively. With more than 3,200 clients and a global footprint in more than 75 countries, comScore is delivering the future of measurement. For more information on comScore, please visit comscore.com.
