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| IGC > SEC Filings for IGC > Form 8-K on 7-Feb-2013 | All Recent SEC Filings |
7-Feb-2013
Notice of Delisting or Failure to Satisfy a Continued Listing R
On February 5, 2013, India Globalization Capital, Inc. (the "Company") notified the NYSE MKT (the "Exchange") that the Company intends to voluntarily delist its Units, which are currently trading under the symbol IGC.U (CUSIP number 45408X209), from the NYSE MKT.
The Board of Directors of the Company determined that it is in the best interests of the IGC to voluntarily delist its Units from the NYSE MKT. The Company formally notified NYSE MKT on February 5, 2013 of the Company's intention to file a Form 25 - Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934, as amended, with the SEC on or about February 15, 2013. The Company expects that the delisting will take effect on or about February 26, 2013. The Company does not intend to re-list its Units on another securities exchange.
On February 7, 2013, India Globalization Capital, Inc. (the "Company") issued a press release announcing that it has extended the expiration date of the outstanding 11,855,122 warrants to purchase common stock of the Company issued in the Company's initial public offering of securities and listed on the NYSE MKT under the ticker symbol IGC.WT from 5:00 p.m. New York time on March 8, 2013 until 5:00 p.m. New York time on Friday, March 6, 2015. The Warrants have an exercise price of $5.00 per share. As was the case prior to the extension, the Warrants are subject to earlier expiration if the Company exercises its right to call the Warrants for redemption. The remainder of the terms of the Warrants remain unchanged.
On February 6, 2013, the Company issued a press release announcing it intends to delist its units from the NYSE MKT. On February 7, 2013, the Company issued a press release announcing that it has extended the expiration date of the outstanding 11,855,122 warrants. Copies of both the press releases are attached hereto as Exhibits 99.1 and 99.2 and incorporated herein by reference.
(d) Exhibits
See the Exhibit Index attached hereto.
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