Business Services Industry
Nashua, N.H.-Based SkillSoft May Lose Nasdaq Listing.
Knight Ridder/Tribune Business News, December, 2002
By Eileen Kennedy, The Telegraph, Nashua, N.H. Knight Ridder/Tribune Business News
Dec. 19--NASHUA, N.H.--SkillSoft announced Wednesday that Nasdaq officials have notified it on Tuesday that its stock may be delisted, or removed from trading, because it didn't file its third quarter financial report with the Securities and Exchange Commission on time, but the company said it would appeal the process.
SkillSoft could not file its third quarter financial results on time because it found accounting irregularities in past financial statements of SmartForce, the company it merged with earlier this year. In November, SkillSoft announced it would be restating SmartForce's earnings for 1999, 2000, 2001 and the first two quarters of this year.
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