CIRCOR International, Inc. (NYSE: CIR), a leading provider of severe service flow control solutions and other highly engineered products for the Industrial and Aerospace & Defense markets, today announced that it has received an expected notice from the New York Stock Exchange (the "NYSE") that CIRCOR is not in compliance with the NYSE's continued listing requirements under the timely filing criteria established in Section 802.01E of the NYSE Listed Company Manual.
As reported by CIRCOR in its Form 12b-25 filed with the Securities and Exchange Commission (the "SEC") on March 2, 2020, CIRCOR was unable to file its 2019 Form 10-K within the prescribed time period without unreasonable effort or expense. The extension period provided under Rule 12b-25 expired on March 17, 2020.
CIRCOR continues to work diligently to complete the preparation of its consolidated financial statements in order to be in a position to file its 2019 Form 10-K with the SEC as expediently as possible.
In accordance with NYSE rules, CIRCOR has contacted the NYSE to discuss the status of the late filing. The NYSE informed CIRCOR that, under NYSE rules, CIRCOR will have six months from the Form 10-K due date of March 17, 2020 to file the 2019 Form 10-K with the SEC. CIRCOR can regain compliance with the NYSE listing standards at any time prior to that date by filing its 2019 Form 10-K.
About CIRCOR International, Inc.
CIRCOR International, Inc. designs, manufactures and markets differentiated technology products and sub-systems for markets including Industrial and Aerospace & Defense. CIRCOR has a diversified flow control product portfolio with recognized, market-leading brands that fulfill its customers’ mission critical needs. For more information, visit the Company’s investor relations website at http://investors.circor.com.
David F. Mullen, Senior Vice President