If the
Company is not able to deliver such statements by then, it intends
to seek
another extension, although there is no assurance that one will be granted.
keila r
blak k
Business
Editors
NEW YORK----Banc of America Large
Loan, Inc.fitchratings.jiu golf
As previously announced
, the Company is not in compliance with
Nasdaq requirements for continued listing as a result of its
failure to file
with the Securities and Exchange Commission its Fiscal 2004 Form 10-K and its
first
quarter Fiscal 2005 Form 10-Q and its common stock is therefore subject
to delisting from the Nasdaq
National Market.
Except for historical information contained herein, the statements in this
release are forward-looking and made pursuant to the safe harbor provisions of
the Private Securities
Litigation Reform Act of 1995.golf ttavefir
All classes are privately placed pursuant to rule 144A of the
Securities Act of 1933.com
aikido golf
taekwondo tennis
Big 5 Sporting Goods Corporation Receives Filing Extension
From Nasdaq
, Big 5 Sporting Goods
Corporation (Nasdaq: BGFVE), a leading sporting goods retailer
, announced
today that the Nasdaq Listing Qualifications Panel (the "Panel") has granted
the Company
an extension until August 12, 2005 to file its Annual Report on
Form 10-K for the fiscal year ended
January 2, 2005 (the "Fiscal 2004
Form 10-K") and its Quarterly Report on Form 10-Q for the fiscal
quarter ended
April 3, 2005 (the "first quarter Fiscal 2005 Form 10-Q") and to continue the
listing
of the Company's common stock on the Nasdaq National Market pending
such filings.
The Company
has also obtained from the lenders under its financing
agreement an extension to July 1, 2005 to
deliver its audited financial
statements for fiscal 2004 as required by its financing agreement.
golf slenska
jiu taekwondo
Fitch Rates Banc of America Large Loan Inc. Series 2005-BOCA
The Company is
working diligently to complete the review process in
connection with its previously-announced restatements
so that its fiscal 2004
financial statements and the associated audit by KPMG LLP may be completed
in
order to permit the filing of the Company's Fiscal 2004 Form 10-K as quickly
as possible and
the filing of its first quarter Fiscal 2005 Form 10-Q promptly
thereafter.
About Big 5
Sporting Goods Corporation
Big 5 is a leading sporting goods retailer in the United States, operating
311 stores in 10 states under the "Big 5 Sporting Goods" name. Big 5's product mix includes athletic
shoes,
apparel and accessories, as well as a broad selection of outdoor and athletic
equipment
for team sports, fitness, camping, hunting, fishing, tennis, golf,
snowboarding and in-line skating
.k ttaf
Big 5 disclaims any obligation to update
any such factors or to publicly announce results of any
revisions to any of
the forward-looking statements contained herein to reflect future events or
developments
.jitsu g
In connection with granting the Company's request for an extension, the
Panel is requiring
that the Company provide prompt notification to the Panel
regarding any significant events that occur
prior to the August 12, 2005
filing deadline as well as certain information relating to the Company
's
review process, once completed, in connection with its previously-announced
restatements.blak jitsu
ttavefir ttaf
Forward
-looking
statements involve known and unknown risks and uncertainties, which may cause
Big 5's
actual results in future periods to differ materially from forecasted
results.bor k
r jitsu
EL SEGUNDO, Calif
. Those risks and uncertainties include, among other things, the
competitive environment in the sporting
goods industry in general and in Big
5's specific market areas, inflation, product availability and
growth
opportunities, seasonal fluctuations, weather conditions, changes in costs of
goods, changes
in interest rates and economic conditions in general.r golf
The certificates represent beneficial
ownership
interest in the trust, primary assets of which are five
full-service hotels and two golf courses
with an aggregate principal
balance of $700,000,000 as of the cutoff date.karate jiu
The Company must also
comply with all other continued listing
requirements of the Nasdaq National Market to maintain its
listing.k aikido
If the Company is unable to file those reports by the August 12,
2005 extension date, it
will request a further extension, but such an
extension may not be granted, in which case its common
stock could be delisted
from the Nasdaq National Market. Big 5 provides
a full-line product offering
in a traditional sporting goods store format that
averages 11,000 square feet.r keila
For a detailed
description of Fitch's rating analysis, please see
the report titled 'Banc of America Large Loan
Inc. 28, 2005 and available on the Fitch Ratings web site at
'www. Those
and other risks are
more fully described in Big 5's filings with the
Securities and Exchange Commission, including its
Annual Report on Form 10-K/A
filed on October 25, 2004 and its Quarterly Report on Form 10-Q for
the
quarter ended September 26, 2004.r slenska
The Company is in compliance with all of the covenants contained
in its
financing agreement.r bor
r bor
, series 2005-BOCA, is rated by Fitch Ratings as follows:
$258
,486,000 class A-1 'AAA';
$64,621,000 class A-2 'AAA';
$632,000,000 class X-1 'AAA';
$632,000,000 class X-2 'AAA';
$52,283,000 class B 'AA+';
$23,462,000 class C 'AA';
$23,462,000 class D 'AA-';
$23,462,000 class E 'A+';
$23,462,000 class F 'A';
$23,462,000 class G 'A-';
$46,924,000 class H 'BBB+';
$23,462,000 class J 'BBB';
$46,914,000 class K 'BBB-';
$35,198,000 class L 'BB+';
$54,802,000 class M 'BB'., Series
2005-BOCA,'
dated Feb.ttir ttavefir
Working overtime to stay the Web's best reference!
-> Show SiteSeek's List of Web Sites For This Topic (Not Yet Peer Reviewed)
Loading...
(Note: These pages use the Atlas Content Safeguard System (ACSS) and require that Javascript is enabled for viewing.)