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Monday, Jan 30, 2023
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Sports Club Gets AMEX Delisting Notice

High-end gym operator, The Sports Club Company Inc., has been hit with a notice from the American Stock Exchange, warning that it is seeking to delist the company for not filing its latest annual and quarterly reports.


The Los Angeles-based company, which operates Sports Club/LA and premium gyms in nine other cities, had been previously warned that it faced delisting for not filing its Form 10-K for the year ended Dec. 31 and its Form 10-Q for the quarter ended March 31.


The company said its delays are related to accounting issues, and it plans to file the statements as soon as possible. But it also said it can give no assurances about when it will file the reports. The company plans to appeal its potential delisting to the exchange.

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