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Tupperware Brands Corporation (NYSE:TUP) (the "Company") announced today the status of its filing of its 2023 financial statements. Following the Company's engagement of its new auditor, KPMG LLP, in late January 2024, the Company became current in the filing of its quarterly financial statements for the first three quarters of 2023, on March 29, 2024. The Company is currently working to complete the preparation, audit and filing of its full-year 2023 financials in its Annual Report on Form 10-K for the fiscal year ended December 30, 2023 (the "Form 10-K"), which was initially due on March 29, 2024, but which the Company previously announced would be delayed.
As expected, the Company received a notice (the "NYSE Notice") from the New York Stock Exchange (the "NYSE") on April 16, 2024 indicating the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual because the Company has not timely filed its Form 10-K with the Securities and Exchange Commission (the "SEC"). The NYSE Notice has no immediate effect on the listing of the Company's common stock on the NYSE. The NYSE informed the Company that the Company will have six months from March 29, 2024 to file the Form 10-K with the SEC to regain compliance with this NYSE continued listing standard. If the Company fails to file the Form 10-K within the six-month period, then the NYSE may, in its sole discretion, grant a further extension of up to six additional months for the Company to regain compliance, depending on the specific circumstances.
Posted In: TUP
