09:01 AM EDT, 09/11/2025 (MT Newswires) -- PACS Group ( PACS ) said Thursday it has been given additional time by the New York Stock Exchange to meet its filing obligations with the Securities and Exchange Commission and regain compliance with the exchange's listing standards.
The company said it needs to restate its financial statements for the three months ended March 31, 2024, and the three and six months ended June 30.
PACS said it recently appointed Mark Hancock as interim chief financial officer, succeeding Derick Apt.
Hancock previously served as PACS CFO prior to his appointment as executive vice chairman on January 1, 2024, the company said.
Apt resigned from the role Sept. 2 amid allegations of improperly accepting high-value items from individuals associated with entities with which the company does business, according to PACS regulatory filing.