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OFIX > SEC Filings for OFIX > Form 8-K on 15-Oct-2013All Recent SEC Filings

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Other Events

Item 8.01. Other Events.

As previously disclosed, on August 16, 2013, the Company received a notification from the NASDAQ Stock Market stating that the Company was no longer in compliance with NASDAQ Listing Rule 5250(c)(1) because it did not timely file with the Securities and Exchange Commission its Quarterly Report on Form 10-Q for the quarter ended June 30, 2013. On October 15, 2013, the Company submitted to the staff of the listing qualifications department of NASDAQ (the "NASDAQ Staff"), pursuant to the NASDAQ Staff's request as set forth in the notification, a plan to regain compliance with NASDAQ's continued listing requirements. The NASDAQ Staff has discretion to grant up to 180 calendar days (i.e., to February 10, 2014) from the original non-compliance date for the Company to regain compliance. A 180 calendar day extension is the maximum discretionary period the NASDAQ Staff may grant without requiring further proceedings involving a NASDAQ hearings panel.

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