/DWR says Nasdaq might delist its stock

DWR says Nasdaq might delist its stock

Furniture Today,
Retailer late in filing annual report

SAN FRANCISCO — Retailer Design Within Reach said its stock could be delisted by the Nasdaq Stock Market because the company is late filing its Form 10-K annual report with the Securities and Exchange Commission.

The company previously announced it would be late filing the report, meaning it is not in compliance with Nasdaq rules that require timely filing of SEC documents. It said difficulties with a computer system conversion and increased reporting requirements under the Sarbanes-Oxley Act are causing the 10-K delay.

The report should be filed by Friday, the retailer said.