ATRM not in compliance with NASDAQ?

++BREAKING NEWS++

ATRM Holdings, Inc. (Nasdaq:ATRM) has announced that it received a notification letter from the Listing Qualifications Department of The NASDAQ Stock Market LLC.

The letter stated that the Company is not in compliance with Nasdaq’s Rule 5250(c)(1) for continued listing because the Company has not yet filed with the Securities and Exchange Commission (the “SEC”) its Annual Report on Form 10-K for the period ended December 31, 2014, and the Company’s Quarterly Report on Form 10-Q for the period ended September 30, 2014.

The Company is in the process of preparing its Quarterly Report on Form 10-Q for the period ended September 30, 2014 and Annual Report on Form 10-K for the period ended December 31, 2014, and intends to file these reports with the SEC as soon as reasonably practicable.

The Company previously submitted, and Nasdaq accepted, a plan for the Company to regain compliance with Nasdaq’s listing rules, as a result of which Nasdaq granted the Company an exception until May 13, 2015 to make all required filings with the SEC. Nasdaq has informed the Company that it is required to submit an update to its original plan and inform Nasdaq of its progress made towards implementing the plan by no later than April 22, 2015. The Company intends to submit this update within the required timeframe.

ATRM Holdings, Inc. (Nasdaq:ATRM), through its wholly-owned subsidiaries KBS Builders, Inc. and Maine Modular Haulers, Inc., manufactures modular housing units for commercial and residential applications. ATRM is based in North St. Paul, Minnesota, with facilities in South Paris and Waterford, Maine.

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