KOHLBERG CAPITAL CORP
SymbolKCAP

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Kohlberg Capital Corporation Receives Notification of Noncompliance From NASDAQ

2009-11-20 10:15 ET - News Release

NEW YORK, Nov. 20, 2009 (GLOBE NEWSWIRE) -- Kohlberg Capital Corporation (Nasdaq:KCAP) (the "Company") announces that the Company received a letter on November 17, 2009 from the NASDAQ Stock Market notifying it that the Company is no longer in compliance with NASDAQ Listing Rule 5250(c)(1), Obligation to File Periodic Financial Reports, because it did not timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2009 with the Securities and Exchange Commission. As previously announced in the Company's press release dated November 9, 2009, the Company has delayed the filing of its Quarterly Report on Form 10-Q for the quarter ended September 30, 2009 while it is in discussions with its independent public accountants, Deloitte & Touche LLP, regarding valuation determinations under Statement of Financial Accounting Standards No. 157 -- Fair Value Measurements, included in its financial statements for the fiscal year ended December 31, 2008 and for subsequent interim periods in 2009.

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