BEIJING, April 9, 2014 /PRNewswire/ -- Tri-Tech
Holding Inc. (Nasdaq: TRIT), which provides turn-key water
resources management, water and wastewater treatment, industrial
safety and pollution control solutions, announced today that, on
April 2, 2014, it received a letter
(the "Nasdaq Letter") from the Staff of The Nasdaq Stock Market
("Nasdaq"), notifying Tri-Tech that Nasdaq has determined that the
Registrant's failure to file its Form 10-K for the period ended
December 31, 2013 serves as an
additional basis to delist the ordinary shares of the Registrant
from Nasdaq pursuant to the Nasdaq Listing Rule 5250(c)(1). Nasdaq
Listing Rule 5250(c)(1) requires listed companies to "timely file
all required periodic financial reports with the Commission through
the EDGAR System or with the Other Regulatory Authority. [...] All
required reports must be filed with Nasdaq on or before the date
they are required to be filed with the Commission or Other
Regulatory Authority." The Registrant plans to file its Form 10-K
for the period ended December 31,
2013 within approximately one month, subject to resolution
of outstanding matters.
The Nasdaq Letter noted that Nasdaq Hearings Panel would
consider the matter in connection with their pending review of the
Registrant's continued listing on The Nasdaq Capital Market. There
can be no assurance that the Registrant will be able to regain or
maintain compliance with the requirements for continued listing
under the Nasdaq Listing Rules. There can be no assurance that the
Registrant will maintain its Nasdaq listing.
About Tri-Tech Holding Inc.
Tri-Tech is an innovative provider of consulting, engineering,
procurement, construction and technical services. The Company
supports government, state owned entities and commercial clients by
providing efficiency oriented solutions focused on treatment of
water and waste water, management of water resources and
water-efficient irrigation, as well as industrial emission and
safety controls. With software copyrights, product patents, and
capable employees in China, the U.S. and India, Tri-Tech's
capabilities span the cycle of innovation. Please visit
www.tri-tech.cn for more information.
An online investor kit including a company profile,
presentations, press releases, current price quotes, stock charts
and other valuable information for investors is available at
www.tri-tech.cn/ir. To subscribe to future releases via e-mail
alert, visit www.tri-tech.cn/ir/info/request
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of
1995. These statements are subject to uncertainties and risks
including, but not limited to, product and service demand and
acceptance, changes in technology, economic conditions, the impact
of competition and pricing, government regulation, and other risks
contained in reports filed by the company with the Securities and
Exchange Commission. All such forward-looking statements, whether
written or oral, and whether made by or on behalf of the company,
are expressly qualified by the cautionary statements and any other
cautionary statements which may accompany the forward-looking
statements. In addition, the company disclaims any obligation to
update any forward-looking statements to reflect events or
circumstances after the date hereof.
For more information, please contact us at:
Tri-Tech Holding Inc.
www.tri-tech.cn
IR Department
+86 10 57323666
ir@tri-tech.cn
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SOURCE Tri-Tech Holding Inc.