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Quantum Corporation Provides Update on NYSE Delisting

SAN JOSE, Calif., Jan. 15, 2019 /PRNewswire/ — Quantum Corp. (NYSE: QTM) today announced that the Company received notification from the New York Stock Exchange (NYSE) of its determination to commence proceedings to delist the Company’s common stock.  The determination to commence the delisting proceeding is a result of the Company requiring more time to become current in filing its late annual and quarterly reports, including its financial statements, with the Securities and Exchange Commission (“SEC”), as described in more detail in its Form 8-K filed with the SEC on September 14, 2018 and its press release issued on December 28, 2018.  Trading in the Company’s common stock on the NYSE wi…