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Quotes & Info
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| RFMI > SEC Filings for RFMI > Form 8-K on 5-Dec-2008 | All Recent SEC Filings |
5-Dec-2008
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Sta
On December 1, 2008, RF Monolithics, Inc. (the "Company") was given notice by the NASDAQ Stock Market that it is not in compliance with NASDAQ Marketplace Rule 4450(a)(3) because the Company's stockholders' equity, as reported in the Company's Annual report on Form 10-K, for the fiscal year-ended August 31,2008, did not meet the minimum of $10 million required for continued listing on The NASDADQ Global Market.
This notification has no effect on the listing of the company's common stock at this time and its common stock will continue to trade on the NASDAQ Capital Market under the symbol "RFMI".
In the event a company receives notice that its common stock is being delisted from The NASDAQ Global Market, the NASDAQ Marketplace Rules permit a company to appeal the delisting to a NASDAQ Listing Qualifications Panel. Alternatively, NASDAQ may permit the company to transfer its common stock to The NASDAQ Capital Market if it satisfies the requirements for inclusion on that market.
The Company is considering various options to regain and maintain compliance, including but not limited to submitting a plan to achieve and sustain compliance and appealing the delisting, or applying for transfer of its common stock qualification to The NASDAQ capital Market.
The full text of the Company's press release concerning its receipt of a notice of deficiency from The NASDAQ Stock Market is furnished with this report as Exhibit 99.1 and is incorporated by reference herein.
(c) Exhibits.
Exhibit Description
99.1 RF Monolithics, Inc. News Release dated December 5, 2008.
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