Attached files
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| EX-99.1 - PRESS RELEASE - SEPTEMBER 28, 2010 - Tix CORP | v197403_ex99-1.htm |
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,
2010
TIX
CORPORATION
(Exact
Name of Registrant as Specified in its Charter)
|
Delaware
(State
or Other Jurisdiction
of
Incorporation)
|
0-24592
(Commission
File Number)
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95-4417467
(I.R.S.
Employer
Identification
No.)
|
||
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12711
Ventura Boulevard, Suite 340
Studio
City, California 91604
(Address
of Principal Executive Offices)
(818)
761-1002
(Registrant’s
Telephone Number)
|
||||
|
N/A
|
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(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):
|
¨
|
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)).
|
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¨
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c)).
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Notice
of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;
Transfer of Listing.
|
On
September 22, 2010, the Company received notice from the NASDAQ Stock Market
that the Company no longer meets the minimum $1.00 per share requirement for
continued listing on the NASDAQ Capital Market under Listing Rule
5550(a)(2). This notice does not result in the immediate delisting of
the Company’s common shares from the NASDAQ Capital Market because the Company
has a grace period of 180 calendar days under the listing rules, or until March
21, 2011, in which to regain compliance with the minimum bid price
rule. The Company may be eligible for an additional compliance period
of 180 calendar days if it meets the NASDAQ Capital Market initial listing
standards, with the exception of bid price.
Additionally,
the Company’s board of directors approved a plan to cause the listing of its
common equity to be withdrawn from the Nasdaq Capital Market and to have its
common equity traded on the OTCQX market operated by Pink OTC Markets,
Inc.
|
Item
8.01
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Other
Events
|
On
September 28, 2010, the Company issued a press release that it had been notified
by the NASDAQ Stock Market that the Company no longer meets the minimum $1.00
per share requirement for continued listing on the NASDAQ Capital Market under
Listing Rule 5550(a)(2) and that its board of directors approved a plan to
voluntarily delist its common stock from the Nasdaq Stock Market,
Inc.
|
Item
9.01
|
Financial
Statements and Exhibits
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(d) Exhibits
|
|
99.1
|
Press
release dated September 28, 2010.
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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.
|
Dated:
September 28, 2010
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TIX CORPORATION | ||
| By: |
/s/ Steve Handy
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Steve
Handy
Chief
Financial Officer
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