Langer Inc - Current report filing (8-K)
2008年10月6日 - 10:08PM
Edgar (US Regulatory)
United
States
Securities
and Exchange Commission
Washington,
D.C. 20549
Form
8-K
Current
Report
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date
of
Report (Date of earliest event reported):
October
3, 2008
Langer,
Inc.
(Exact
name of registrant as specified in its charter)
Delaware
(State
or other jurisdiction
of
incorporation)
|
1-12991
(Commission
File Number)
|
11-2239561
(IRS
Employer
Identification
Number)
|
450
Commack Road, Deer Park, New York
(Address
of principal executive offices)
|
11729-4510
(Zip
Code)
|
Registrant’s
telephone number, including area code:
631-667-1200
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
o
|
Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
|
o
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
o
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
|
o
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c))
|
Item
3.01.
Notice
of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;
Transfer of Listing.
On
October 3, 2008, Langer, Inc. (the “Registrant,” “we,” “our” and “us”) received
two deficiency letters from the NASDAQ Stock Market (“NASDAQ”) Listing
Qualifications Department notifying the Registrant that for the past 30
consecutive business days, its common stock has: (i) closed below the $1.00
per
share minimum bid price as required by NASDAQ Marketplace Rule 4450(a)(5);
and
(ii) not maintained
a
minimum
market value of publicly held shares of $5,000,000
as
required by NASDAQ Marketplace Rule 4450(a)(2).
In
accordance with the NASDAQ Marketplace Rules, the Registrant will be provided:
(i) 90 calendar days, or until January 2, 2009, to regain compliance with the
$5,000,000 minimum market value requirement; and (ii) 180 calendar days, or
until April 1, 2009, to regain compliance with the minimum $1.00 price per
share
requirement. There can be no guarantee that the Registrant will be able to
regain compliance with these NASDAQ continued listing requirements.
If
our
common stock does not regain compliance with these continued listing
requirements, NASDAQ will provide us with written notification that our common
stock will be delisted, after which we may appeal the determination to the
NASDAQ Listing Qualifications Panel if we so choose.
If
our
common stock were delisted, the delisting may have an adverse impact on the
price of our shares of common stock, the volatility of the price of our shares,
and/or the liquidity of an investment in our shares common stock.
A
copy of
the Registrant’s press release announcing receipt of the NASDAQ deficiency
letters is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
Item
9.01.
Financial
Statements and Exhibits
(d)
Exhibits.
Exhibit
Description
99.1
Press
Release of the Registrant dated October 6, 2008.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant
has
duly caused this report to be signed on its behalf by the undersigned, hereunto
duly authorized.
|
|
|
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Langer,
Inc.
|
|
|
|
Date: October
6, 2008
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By:
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/s/ Kathleen
P. Bloch
|
|
Kathleen
P. Bloch, Vice President and Chief Financial
Officer
|
Exhibit
Index
Number
|
Exhibit
|
99.1
|
Press
Release of the Registrant dated October 6,
2008.
|
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