Affymax (AFFY) Delays 10-K Filing Due to Recent OMONTYS Recall
6:15 AM ET, 03/19/2013 - Street Insider
Affymax, Inc. (Nasdaq: AFFY) moved to delay filing of its annual 10-K with the U.S. SEC. Below is a description from the company:
The Registrant was unable to timely file its Annual Report on Form 10-K as a result of financial statement adjustments and disclosures related to the OMONTYS product recall and the recently initiated restructuring efforts described in more detail in its Current Report on Form 8-K filed on March 18, 2013. Based on discussions with its registered independent accounting firm, their audit procedures are still in process, and as a result they are unable to issue the required opinion as of the required filing date.
The Form 10-K will be filed as soon as reasonably practical and in no event later than the fifteenth calendar day following the prescribed due date.