Specifically, on September 14, 2016, Misonix announced it would delay filing its Annual Report on Form 10-K for the fiscal year ended June 30, 2016 due to an internal investigation by its Audit Committee on deficiencies related to its financial reporting. The Company also announced the appointment Joseph Dwyer as interim Chief Financial Officer effective September 13, 2016. Since the announcement, Company's share price has dropped.
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