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DARA > SEC Filings for DARA > Form 8-K on 12-Nov-2013All Recent SEC Filings

Show all filings for DARA BIOSCIENCES, INC.

Form 8-K for DARA BIOSCIENCES, INC.


12-Nov-2013

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Stan


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

On November 12, 2013, DARA BioSciences, Inc, (the "Company") received a notification letter from the Listing Qualifications Department of The NASDAQ Stock Market ("NASDAQ") indicating that the NASDAQ Listing Qualifications Staff has granted the company's request for an additional 180-day period in which to regain compliance with the minimum $1.00 bid price per share requirement.

The NASDAQ Listing Qualifications Staff's determination to grant the additional 180 day compliance period was based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the NASDAQ Capital Market, with the exception of the bid price requirement, and the Company's written notice of its intention to cure the deficiency during the additional 180-day compliance period by effecting a reverse stock split, if necessary.



Item 8.01. Other Events.

On November 12, 2013, the Company issued a press release regarding the 180-day extension to regain compliance with NASDAQ's minimum bid price requirement, as described under Item 3.01 above. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1.



Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.   Description
  99.1        Press Release of DARA BioSciences, Inc. dated November 12, 2013.


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