Here's the timeline: Jan.
The company's problems began in lucky casino club early 2017 with the acquisition of Intralinks.
Synchronoss expects to complete the restatement process no later than June 30, about six weeks from today.For full Foolish coverage, please search for the A shares, which are listed under the ticker "googl.".Powered by, business Summary, industry, sector and description for Alphabet (C shares).June 13, 2017: discloses in an SEC filing that it will restate its financial statements for 20July 6, 2017: announces that it is considering strategic alternatives, with a ranking poker room full range of options, including a sale of the company, on the table.While investors haven't seen proper financial statements from the company in over a year, Synchronoss CEO Glenn Lurie said in a May 9 press release that the company has about 300 million in cash, and that the audit isn't expected to impact its cash position.
19, 2017: completes 821 million tender offer for Intralinks.
So what, for Synchronoss investors, Monday's trading suspension is another chapter in a long ordeal that has mercilessly hammered the stock.
As part of the deal, Intralinks CEO Ron party poker deposit limits Hovsepian becomes CEO of Synchronoss.
20, 2017: discloses the Nasdaq letter threatening suspension and delisting, and says it intends to request a hearing, which would trigger a 15 day stay on any action.
What happened, shares of, synchronoss Technologies nasdaq:sncr ) were suspended from trading on the Nasdaq on Monday due to the company's failure to satisfy the Nasdaq listing requirements.When shares of Synchronoss finally start trading again following the conclusion of the audit, expect a wild ride as the market digests the results.The stock dropped about 7 in pre-market trading.April 27, 2017: announces disastrous preliminary first-quarter results. .Based on Friday's closing price of 7 per share, Synchronoss stock has shed 86 of its value since peaking in late 2016.Company Rating, what our community thinks about Alphabet (C shares).The stock will be"d on the OTC markets under the same trading symbol during the suspension period.This page represents the C shares of Alphabet.May 14, 2018: shares suspended from trading on the Nasdaq.