Holiday RV Superstores Inc., the dealership chain doing business as Recreation USA, announced that its stock faces delisting by the Nasdaq National Market because it missed the deadline for filing the earnings report for its first fiscal quarter, which ended Jan. 31.
Recreation USA has requested a review of the Nasdaq staff recommendation that its stock be delisted and the company will issue its first fiscal quarter earnings report “within the next seven days,” according to Casey Gunnell, president and CFO.
No Recreation USA shares changed hands last Thursday (March 28) or the first two trading sessions this week (April 1 and 2). U.S. stock markets were closed last Friday (March 29).
The last Recreation USA stock transaction on the public market was for 51 cents a share.
Recreation USA shares trade under the stock market symbol RVEE.