TerraForm Power, TerraForm Global receive Nasdaq letters

|About: TerraForm Global (GLBL)|By:, SA News Editor

TerraForm Power (NASDAQ:TERP) and TerraForm Global (NASDAQ:GLBL) say they received notification letters from Nasdaq, saying the failure to file their latest 10-Q statements could serve as an additional basis for delisting (I, II).

Nasdaq previously granted the companies extensions until June 30 to regain compliance with continued listing requirements regarding their 2016 Form 10-K and Q1 2017 10-Q statements.