Current Report Filing (8-k)
October 06 2015 - 9:54AM
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 2, 2015
_______________
Quantum Corporation
(Exact name of Registrant
as Specified in its Charter)
Delaware |
1-13449 |
94-2665054 |
(State or Other Jurisdiction |
(Commission File |
(I.R.S. Employer |
of Incorporation) |
Number) |
Identification No.) |
|
|
224 Airport Parkway |
|
|
San Jose, CA 95110 |
|
|
(Address of Principal Executive
Offices) |
|
|
|
(408) 944-4000 |
|
|
(Registrants telephone number,
including area code) _______________ |
|
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 (See General
Instructions A.2 below):
☐ |
|
Written communications pursuant to
Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
|
Soliciting material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
|
Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
☐ |
|
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
20.13e-4(c)) |
Item 8.01. Other
Events
On October 2, 2015, Quantum
Corporation (Quantum or the Company) was notified by the New York Stock
Exchange ("NYSE") that it was not in compliance with the NYSEs continued
listing standard requiring that stocks trade at a minimum average closing price
of $1 for 30 consecutive trading days. Under NYSE rules, Quantum has six months
from receipt of the notification on Oct. 2, 2015, to comply with the listing
standard. The Companys stock will continue to be listed on the NYSE during this
six-month period, subject to compliance with other NYSE continued listing
requirements. A copy of Quantum's press release is attached as Exhibit 99.1
hereto and incorporated by reference.
This information shall not
be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the Exchange Act), or incorporated by reference in any filing
under the Securities Act of 1933, as amended, or the Exchange Act, except as
shall be expressly set forth by specific reference in such a filing.
Item 9.01. Financial
Statements and Exhibits.
(d) Exhibits.
Exhibit No. |
|
Exhibit
Description |
99.1 |
|
Press Release, dated October 6,
2015 |
2
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, thereunto duly
authorized.
Date: October 6,
2015 |
|
Quantum Corporation |
|
|
|
By: |
/s/ Shawn D. Hall |
|
|
Name: |
Shawn D. Hall |
|
|
Its: |
Senior Vice President, General Counsel and
Secretary |
Exhibit Index
Exhibit
No. |
|
Exhibit
Description |
99.1 |
|
Press Release, dated October 6,
2015 |
|
News Release |
Contact: |
For
Release: |
Brad Cohen |
Oct. 6,
2015 |
Public
Relations |
5:00 a.m.
PDT |
Quantum Corp. |
|
(408) 944-4044 |
|
brad.cohen@quantum.com |
|
Brinlea Johnson or Allise Furlani
Investor Relations
The
Blueshirt Group
(212) 331-8424 or (212)
331-8433
brinlea@blueshirtgroup.com or allise@blueshirtgroup.com
Quantum Receives Continued Listing Standard Notice From NYSE
SAN JOSE, Calif. Oct. 6, 2015 Quantum Corp. (NYSE: QTM) today
announced that the New York Stock Exchange has notified the company that it is
not in compliance with the NYSEs continued listing standard requiring that
stocks trade at a minimum average closing price of $1 for 30 consecutive trading
days.
Under NYSE rules, Quantum has six months from receipt of the
notification on Oct. 2, 2015, to comply with the listing standard. The companys
stock will continue to be listed on the NYSE during this six-month period,
subject to compliance with other NYSE continued listing requirements.
The NYSE notification has no impact on Quantums business
operations.
-more-
About Quantum
Quantum is a leading expert in scale-out
storage, archive and data protection, providing solutions for capturing, sharing
and preserving digital assets over the entire data lifecycle. From small
businesses to major enterprises, more than 100,000 customers have trusted
Quantum to address their most demanding data workflow challenges. With Quantum,
customers can Be Certain they have the end-to-end storage foundation to
maximize the value of their data by making it accessible
whenever and wherever needed, retaining it indefinitely and reducing total cost
and complexity. See how at www.quantum.com/customerstories.
###
Quantum, the Quantum logo and Be Certain
are either registered trademarks or trademarks of Quantum Corporation and its
affiliates in the United States and/or other countries. All other trademarks are
the property of their respective owners.
-end-