Aviza Technology, Inc. - Current report filing (8-K)
September 26 2008 - 4:26PM
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):
September 22, 2008
AVIZA
TECHNOLOGY, INC.
(Exact name of
registrant as specified in charter)
Delaware
|
|
000-51642
|
|
20-1979646
|
(State or other
jurisdiction of
|
|
(Commission
|
|
(I.R.S. Employer
|
incorporation)
|
|
File Number)
|
|
Identification Number)
|
440 Kings Village Road, Scotts
Valley, CA 95066
(Address of principal
executive offices) (Zip Code)
831-438-2100
(Registrants telephone
number, including area code)
(Former name or former
address, if changed since last report.)
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 Instruction A.2. below):
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 September 22,
2008, our application to transfer the listing of our securities to The NASDAQ
Capital Market was denied and we received a Staff Determination Letter from
NASDAQ on September 24, 2008 notifying us that our securities are subject
to delisting from The NASDAQ Global Market.
As previously announced,
on April 3, 2008, NASDAQ notified us that the bid price of our common
stock had closed below the minimum $1.00 per share requirement for continued
inclusion under Marketplace Rule 4450(a)(5). In accordance with Marketplace Rule 4450(a)(5),
we were provided 180 calendar days, through September 24, 2008, to regain
compliance with that requirement. The Staff Determination Letter stated that we
have not regained compliance within the given grace period and, as a result,
unless we request an appeal of the Staff Determination, trading of our common
stock will be suspended effective on the opening of business on October 3,
2008, and a Form 25-NSE will be filed with the Securities and Exchange
Commission to remove our securities from listing and registration on NASDAQ.
We intend to appeal the
Staff Determination to a NASDAQ Listing Qualification Panel (the Panel). A hearing request will stay the suspension of
our securities and the filing of the Form 25-NSE pending the Panels
decision.
On September 26,
2008, we issued a press release with respect to our receipt of NASDAQs Staff
Determination Letter. A copy of this press release is attached hereto as Exhibit 99.1.
Item
9.01. Financial Statements and
Exhibits.
(d) Exhibits.
Exhibit
|
|
|
Number
|
|
|
99.1
|
|
Press Release dated
September 26, 2008.
|
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 hereunto duly
authorized.
Date: September 26,
2008
|
|
|
AVIZA TECHNOLOGY, INC.
|
|
|
|
|
|
By:
|
/s/ Patrick C. OConnor
|
|
Patrick C. OConnor
|
|
Executive Vice
President and Chief Financial
|
|
Officer
|
3
EXHIBIT
INDEX
Exhibit
|
|
|
Number
|
|
|
99.1
|
|
Press Release dated
September 26, 2008.
|
4
Aviza Tech (MM) (NASDAQ:AVZA)
Historical Stock Chart
From Apr 2024 to May 2024
Aviza Tech (MM) (NASDAQ:AVZA)
Historical Stock Chart
From May 2023 to May 2024