CINCINNATI, March 20, 2015 /PRNewswire/ -- Frisch's
Restaurants, Inc. (NYSE MKT: FRS)
Frisch's Restaurants, Inc. (the "Company") received a letter on
March 19, 2015 from the New York
Stock Exchange (the "Exchange") stating that the Company is once
again in full compliance with the continued listing standards of
the Exchange.
On February 3, 2015, the Exchange
had notified the Company that it was not in compliance with the
continued listing standards of the Exchange because the Company had
been unable to timely file with the Securities and Exchange
Commission ("SEC") its Quarterly Report on Form 10-Q for the period
ended December 16, 2014, which had
been due on January 26, 2015.
The Company filed its delayed Form 10-Q with the SEC on
March 13, 2015. Information
about the reason for the delay can be found in the Company's Form
10-Q filed on March 13, 2015 and in
the Company's Form 8-K filed with the SEC on January 20, 2015.
Mark Lanning, the Company's Chief
Financial Officer, said, "We are pleased that the Company was able
to return to full compliance so quickly by promptly addressing the
deficiencies noted by the Exchange."
About Frisch's Restaurants, Inc.
Frisch's is a regional company that operates full service
family-style restaurants under the name "Frisch's Big Boy."
All Big Boy restaurants are currently located in various regions of
Ohio, Kentucky and Indiana.
The Company owns the trademark "Frisch's" and has exclusive,
irrevocable ownership of the rights to the "Big Boy" trademark,
trade name and service marks in the states of Kentucky and Indiana, and in most of Ohio and Tennessee. All of the Frisch's
Big Boy restaurants also offer "drive-thru" service. The
Company also licenses Big Boy restaurants to other operators,
currently in certain parts of Ohio, Kentucky and Indiana.
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SOURCE Frisch's Restaurants, Inc.