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OXBT > SEC Filings for OXBT > Form 8-K on 16-May-2013All Recent SEC Filings

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

Form 8-K for OXYGEN BIOTHERAPEUTICS, INC.


16-May-2013

Other Events, Financial Statements and Exhibits


Item 8.01 Other Events.

On May 15, 2013, Oxygen Biotherapeutics, Inc. (the "Company") received notice from the NASDAQ Listing Qualifications Panel (the "Panel") that the Panel has determined to grant the Company's request for continued listing on The NASDAQ Capital Market pursuant to an extension through June 3, 2013 to evidence compliance with the minimum $1.00 bid price requirement, as set forth in NASDAQ Listing Rule 5550(a), and through July 31, 2013 to evidence compliance with the minimum $2.5 million stockholders' equity requirement, as set forth in NASDAQ Listing Rule 5550(b), for continued listing on The NASDAQ Capital Market.

The determination follows the Company's hearing before the Panel on May 2, 2013, at which the Panel considered the Company's plan to regain and sustain compliance with the minimum bid price and stockholders' equity requirements for continued listing on The NASDAQ Capital Market. The Company is working to timely evidence compliance with the terms of the Panel's decision; however, there can be no assurance that it will be able to do so.

On May 16, 2013, the Company issued a press release regarding the NASDAQ decision described above. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Description
99.1 Press Release dated May 16, 2013


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