ITEM 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard
On September 16, 2009, Tufco Technologies, Inc. (the "Registrant") received a letter from the NASDAQ Stock Market (the "Notification") providing notice that, for 30 consecutive trading days, the Registrant's common stock had not maintained a minimum market value of publicly held shares ("MVPHS") of $5 million as required for continued inclusion on The NASDAQ Global Market. For NASDAQ purposes, MVPHS is the market value of the Registrant's publicly held shares, which is calculated by subtracting all shares held by officers, directors or beneficial owners of 10% or more of the total shares outstanding. The letter from NASDAQ has no effect on the listing of the Registrant's securities at this time.
NASDAQ has provided the Registrant 90 calendar days from September 16, 2009, or until December 15, 2009, to regain compliance with the rules. If, at any time before December 15, 2009, the MVPHS is at least $5 million for a minimum of 10 consecutive business days, NASDAQ will provide written notification that the Registrant has achieved compliance with Marketplace Rule 5450(b)(1)(C) and the Registrant's shares will continue to trade on The NASDAQ Global Market. If the Registrant does not regain compliance by December 15, 2009, the NASDAQ Staff will provide written notification that the Registrant's securities will be delisted. At that time, the Registrant may appeal the delisting determination to a NASDAQ Listings Qualifications Panel. Alternatively, the Applicant will make an application to transfer its securities to the NASDAQ Capital Market. Tufco currently meets the requirements for such transfer.
On September 18, 2009, the Company issued a press release announcing its receipt of the Notification. The full text of the press release is attached hereto as Exhibit 99.1.
ITEM 9.01 Financial Statements and Exhibits

Exhibit No. Description
99.1 Press Release dated September 18, 2009 furnished in accordance with Item 3.01.

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