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NTWK > SEC Filings for NTWK > Form 8-K on 10-Sep-2009All Recent SEC Filings

Show all filings for NETSOL TECHNOLOGIES INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for NETSOL TECHNOLOGIES INC


10-Sep-2009

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Sta


Item 3.01 Failure to Satisfy a Continued Listing Rule

On September 10, 2009, NetSol Technologies, Inc. issued a press release announcing that on September 3, 2009, it had received a notice from NASDAQ of failure to comply with a continued listing rule. The letter arises out of purchases of restricted common stock made by employees and consultants, but excluding any officers or directors, of the Company, from April to July 2009. The Company has remedied the non-compliance and currently stands in full compliance with NASDAQ listing rules. The press release is furnished as Exhibit 99.1 to this Form 8-K.

The information in this report shall not be deemed to be "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document field under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Exhibits

99.1 News Release dated September 10, 2009.

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