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| TO > SEC Filings for TO > Form 8-K on 19-Sep-2008 | All Recent SEC Filings |
19-Sep-2008
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standar
(d) On September 18, 2008, the Registrant's Board of Directors authorized management to transfer the listing of the Registrant's common stock from the American Stock Exchange ("AMEX") to the Nasdaq Capital Market ("Nasdaq"). On September 19, 2008, the Registrant notified AMEX of its intention to delist its common stock from AMEX and to list on Nasdaq. The common stock will continue to trade under the symbol "TO". The Registrant has requested that trading in its common stock on AMEX be suspended before the market opens on October 1, 2008 and expects trading on Nasdaq to begin at the market open on October 1, 2008.
(a) On and effective September 18, 2008, the Board amended and restated the Registrant's by-laws. The following is a summary of the material changes effected by adoption of the Amended and Restated By-laws:
Article V, "Stock" -- Section 5.1, "Stock Certificates" and Section 5.2, "Lost, Stolen or Destroyed Stock Certificates; Issuance of New Certificates" were amended to clarify the Board's authority to issue uncertificated shares of the Registrant's capital stock. The amendments were made to enable the Registrant to comply with a Nasdaq rule requiring securities listed on Nasdaq to be eligible for a Direct Registration Program.
The Amended and Restated By-laws of the Registrant are filed herewith as Exhibit
3.2. The descriptions of provisions of the Amended and Restated By-laws are
qualified in their entirety by reference to the Amended and Restated By-laws.
On September 19, 2008, the Registrant issued a press release announcing its intention to delist its common stock from AMEX and to list on Nasdaq, a copy of which is furnished as Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
3.2 Amended and Restated By-laws of the Registrant.
99.1 Press Release issued by the Registrant on
September 23, 2008 is furnished herewith.
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