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ABTL > SEC Filings for ABTL > Form 8-K on 27-Jul-2012All Recent SEC Filings

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Form 8-K for AUTOBYTEL INC


27-Jul-2012

Other Events, Financial Statements and Exhibits


Item 8.01 Other Events.

On July 26, 2012, Autobytel Inc., a Delaware corporation ("Autobytel" or the "Company"), received a written notification from The NASDAQ Stock Market LLC ("NASDAQ") Listing Qualifications Department that the Company has regained compliance with the $1.00 minimum bid price requirement for continued listing on the NASDAQ Global Market pursuant to NASDAQ Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement") and that the matter is now closed. The notification from NASDAQ stated that on September 15, 2011, the staff notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the NASDAQ Listing Rules. Since then, however, the closing bid price of Autobytel's common stock has been at $1.00 per share or greater for at least 10 consecutive business days. Accordingly, Autobytel has regained compliance with the Minimum Bid Price Requirement.
A copy of the press release issued by the Company on July 26, 2012 with respect to this matter is attached hereto as Exhibit 99.1.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Press Release dated July 26, 2012


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