Adaptive Broadband blames paperwork for delisting.

RCR Wireless News, May, 2001 by SMITH, HILARY

Although many companies have been negatively impacted by recent troubling financial times, Sunnyvale, Calif.-based Adaptive Broadband Corp. noticeably has taken a hit, capped by a Nasdaq delisting last week, the result of the company's failure to file its Form 10-K for the transition period ended Dec.

31 with the Securities and Exchange Commission in the allotted time. The wireless broadband equipment manufacturer said the delisting should only be temporary, however, and the delays in filing with the SEC have more to do with accounting changes than lack of business. "Basically it's because we're going through an internal audit," said Franchesca Walker, vice president of marketing for Adaptive Broadband. She said recent legislation has forced the...

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