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PRKR > SEC Filings for PRKR > Form 8-K on 4-Nov-2011All Recent SEC Filings

Show all filings for PARKERVISION INC



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

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

On November 2, 2011, ParkerVision, Inc. (the "Company") received a notice from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") stating that, for the last 30 consecutive business days, the closing bid price for the Company's common stock had been below the minimum of $1.00 per share required for continued inclusion on the Nasdaq Capital Market under Nasdaq Listing Rule 5500(a)(2). The notification letter stated that the Company would be afforded 180 calendar days, or until April 30, 2012, to regain compliance with the minimum bid price requirement. In order to regain compliance, the bid price for shares of the Company's common stock must close at $1.00 per share or more for a minimum of ten consecutive business days. The Company intends to actively monitor the bid price for its common stock between now and April 30, 2012, and will consider all available options to regain compliance with the Nasdaq minimum bid price requirement.

On November 4, 2011, the Company issued a press release announcing receipt of the notice from Nasdaq. 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.

99.1 Press Release.

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