Independence HoldingCo. said April 1 that it is not compliant with the New York Stock Exchange'slisting requirements because it has delayed the filing of its Form 10-K.
Independence received a letter from the exchange March 31. Thefiling has been delayed because the company is reviewing matters related to itsestimate of deferred tax assets and liabilities.
Under the NYSE's rules, Independence has six months from March31 to file the 2015 Form 10-K. Doing so will regain compliance with the listingstandards.
The company said it plans to file the form within that deadline.If it does not, the NYSE may grant at its discretion an extension of up to an additionalsix months. The exchange may nevertheless commence delisting proceedings at anytime if it deems that circumstances warrant them.