SEC initiates administrative proceedings to potentially suspend/revoke IEH Corp's registration

IEH Corp

SEC alleges IEH repeatedly failed to file timely periodic reports since Form 10-K for period ended March 31, 2020.
Order could suspend registration for up to 12 months or revoke it; answer due September 12, 2022.
Pre-hearing conference required within 14 days of answer filing (by September 26, 2022).
IEH's common stock (IEHC) trades on OTC Pink; proceedings threaten continued trading.
Company granted one-week extension to file answer; counsel is engaged.

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