NEW YORK, Feb. 24, 2015 (GLOBE NEWSWIRE) -- Liquid Holdings Group, Inc. (Nasdaq:LIQD), a provider of a SaaS-based front-office solution for the investment management community, today announced that it plans to postpone the distribution of its 2014 fourth quarter and fiscal year earnings release and related conference call and webcast, previously scheduled for Thursday, February 26, 2015. Liquid expected a more definitive resolution of specific QuantX uncertainties and related issues prior to the earnings release, in accordance with its previous public filings. Due to the lack of a resolution, Liquid will need additional time to finalize its financial results for the fourth quarter and full year 2014.
Liquid expects to issue a subsequent advisory announcing the timing for the release of its 2014 financial results and corresponding conference call information.
About Liquid Holdings Group
Liquid Holdings Group, Inc. (Nasdaq:LIQD) is a SaaS-based technology and managed services provider to the global hedge fund and active trading markets. The Liquid platform was specifically built to manage the entire trade lifecycle by seamlessly integrating decision support, order management and execution with real-time portfolio-reporting, risk and performance reporting and the ability to provide a manager and its investors with advanced levels of transparency through a single solution. The Company offers the Liquid platform or any of its components on a subscription basis to hedge fund managers, asset managers, family offices and financial institutions worldwide. Liquid was recently named Best EMS and Best New Cloud Application by HFM, 2014 Best Global Risk Management Software Company and Best USA Global Risk Management Software Company by the readers of Hedgeweek, as well as 2014 Best Cloud Provider and Best Fin Tech Operations Startup by FTF News.
Headquartered in New York City, Liquid Holdings Group was formed in 2012. For more information, please visit www.liquidholdings.com.
Cautionary Statement Concerning Forward Looking Statements
This release contains forward-looking statements within the meaning of the federal securities laws. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. These statements include, among others, statements relating to the Company's expectations with respect to the resolution of specific QuantX uncertainties and related issues and with respect to the issuance of a subsequent advisory with respect to the release of its 2014 financial results and a corresponding conference call. These statements are based on our beliefs and assumptions, which in turn are based on currently available information. Forward-looking statements involve known and unknown risks and uncertainties, which could cause actual results to differ materially from those contained in any forward-looking statement. Many of these factors are beyond our ability to control or predict and you should be aware that the occurrence of certain events, including those referenced in the sections titled "Risk Factors" in our 2013 Form 10-K or our Quarterly Reports on Form 10-Q, could harm our business, prospects, results of operations, liquidity and financial condition. We cannot guarantee future results or performance. Except as required by applicable law, including the securities laws and the rules and regulations of the Securities and Exchange Commission, we are under no obligation to publicly update or revise any forward-looking statements.
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Source:Liquid Holdings Group, Inc.