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TTTM > SEC Filings for TTTM > Form 8-K on 20-Mar-2013All Recent SEC Filings

Show all filings for T3 MOTION, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for T3 MOTION, INC.


20-Mar-2013

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; T


Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On March 15, 2013, T3 Motion, Inc., (NYSE MKT: TTTM), a Delaware corporation (the "Company") received written notification regarding the results of its appeal held on March 4th, 2013, before the Panel of the NYSE MKT, LLC (the "Panel," NYSE MKT, or the "Exchange") regarding the Company's compliance with the continued listing standards of the Exchange.

After considering the Company's presentations, as well as prior written submissions the Panel unanimously decided to defer further action on the appeal. The Panel concluded that it would test the Company's representations over the next two months before making its final decision. As such, the Panel requested the NYSE MKT Staff to provide a report of the Company's operations through May 15, 2013.

Should the Staff's report conclude that the Company is no longer financially impaired, this delisting proceeding will be dismissed. Should the Staff's Report not so conclude, the Company will have until the close of business on the second business day after the Company receives the Staff's Report to submit to the Panel a written response. The Panel will then render its final decision in writing.

On March 20, 2013, the Company issued a press release announcing its receipt from the Panel of notice of the Company's results of its NYSE MKT appeal bid. A copy of the press release is attached hereto as Exhibit 99.1.

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