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EX-99.1 - EXHIBIT 99.1 - COMSTOCK RESOURCES INCexhibit99pnt1mar3016.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):  March 30, 2016

COMSTOCK RESOURCES, INC.

(Exact Name of Registrant as Specified in Charter)


STATE OF NEVADA
001-03262
94-1667468
(State or other
jurisdiction incorporation)
 
(Commission File Number)
(I.R.S. Employer
Identification Number)

5300 Town and Country Boulevard
Suite 500
Frisco, Texas 75034
(Address of principal executive offices)

(972) 668-8800
(Registrant's Telephone No.)

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:
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 240.13e-4(c))
 
 
 
 
 
 
 
 
 
 
 
   

Item 3.01   Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
 
On March 30, 2016, Comstock Resources, Inc. ("Comstock" or "the Company"), announced that it had received notification on March 24, 2016 from the New York Stock Exchange ("NYSE") of being below the NYSE's continued listing standards, namely that the Company's average stock price is trading below $1.00 per share and its average market capitalization is less than $50 million, in each case for over a consecutive 30 day trading period, and its stockholders' equity is less than $50 million.  The Company will submit a plan to the NYSE outlining steps it intends to take to cure the deficiency in the stock price and market capitalization.  A copy of the Company's press release announcing its receipt of the notice from the NYSE and its planned response to the NYSE, is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information contained in this Form 8-K and the Exhibit attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

Item 9.01  Financial Statements and Exhibits

Exhibit 99.1
Press Release dated March 30, 2016.

SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

   
COMSTOCK RESOURCES, INC.
     
     
Dated: March 30, 2016
By:
/s/ ROLAND O. BURNS
   
Roland O. Burns
   
President and Chief Financial Officer