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CPRX > SEC Filings for CPRX > Form 8-K on 2-Aug-2013All Recent SEC Filings




Other Events, Financial Statements and Exhibits

Item 8.01 Other Events

On August 2, 2013, the Company reported that it has received a notice from The Nasdaq Stock Market ("Nasdaq") confirming that the Company has regained compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market.

On December 24, 2012, Nasdaq notified the Company that the bid price of its common stock had closed at less than $1.00 per share over the previous 30 consecutive trading days and, as a result, the Company was not in compliance with Listing Rule 5550(a)(2)("Rule"), the minimum bid price rule. The Company was provided 180 calendar days, or until June 24, 2013 to regain compliance with the Rule. Additionally, on June 25, 2013, Nasdaq notified the Company that it had been granted an additional 180-day extension period, or until December 23, 2013, in which to regain compliance with the Rule. On August 2, 2013, Nasdaq confirmed to the Company that, as a result of the Company's common stock closing with a bid price of at least $1.00 for at least ten consecutive trading days, the Company has come back into compliance with the Rule and the matter is now closed.

A copy of the Company's press release is Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Press release issued by the Company on August 2, 2013

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