This just in... better sell your SCO stock quickly.... > The SCO Group, Inc. Receives Notice From Nasdaq Regarding Potential > Delisting and Intends to Appeal > > > > LINDON, Utah, Feb. 17 /PRNewswire-FirstCall/ -- The SCO Group, Inc. > (Nasdaq: SCOX), announced today that on February 16, 2005, the Company > received a notice from the staff of The Nasdaq Stock Market > indicating that > the Company is subject to potential delisting from The Nasdaq SmallCap > Market for failure to comply with Nasdaq's requirements to > file its Form > 10-K for the fiscal year ended October 31, 2004 in a timely > fashion, as > required under Market Place Rule 4310(c)(14). Receipt of the > notice does > not result in immediate delisting of the Company's Common Stock. > > > Nasdaq stated that, unless the Company requests a hearing on Nasdaq's > delisting notice, the Company's securities will be delisted > from the Nasdaq > SmallCap Market at the opening of business on February 25, > 2005. As of the > opening of business on February 18, 2005, an "E" will be > appended to the > end of the Company's trading symbol for its securities. Therefore, > commencing on February 18, 2005, the trading symbol for the Company's > common stock will be changed from "SCOX" to "SCOXE". > > > The Company expects to make a request for a hearing with the > Nasdaq Listing > Qualifications Panel to appeal the Nasdaq staff's determination. This > request will stay the delisting pending the hearing and a > determination by > the Nasdaq Listing Qualifications Panel. There can be no > assurance that the > Panel will grant the Company's request for continued listing. > > > The Company has been unable to file its Form 10-K for the > fiscal year ended > October 31, 2004 because it continues to examine certain > matters related to > the issuance of shares of the Company's common stock pursuant > to its equity > compensation plans. The Company is working to resolve these > matters as soon > as possible and expects to file its Form 10-K upon completion of its > analysis.
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