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EFI files Form 12b-25

The company requires additional time to complete its testing of the company’s internal control over financial reporting.

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By: Steve Katz

Associate Editor, Label & Narrow Web

Electronics For Imaging, Inc. (EFI) has announced it has filed a Form 12b-25 regarding its Annual Report on Form 10-K for the year ended December 31, 2017. 

In the filing, EFI says that as a result of its previously disclosed material weaknesses, it requires additional time to complete its testing of the company’s internal control over financial reporting and to complete and review the information to be presented in the Form 10-K, and for the company’s independent registered public accounting firm to complete its audits of the company’s consolidated financial statements and internal control over financial reporting as of December 31, 2017.

EFI expects to file its Form 10-K for the year ended December 31, 2017 within the grace period allowed by the filing of the Form 12b-25, which is before or by March 16, 2018.

EFI is not currently aware of any substantive changes to the results of operations for the year ended December 31, 2017 from those results of operations it previously reported on a preliminary basis on January 31, 2018.

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