Attached files
| file | filename |
|---|---|
| EX-99.1 - ADDITIONAL EXHIBITS - VERSAR INC | a201777nyseacceptanceprfi.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): July 7, 2017
(June 30, 2017)
VERSAR, INC.
(Exact name of Registrant as specified in its charter)
|
Delaware
|
|
1-9309
|
|
54-0852979
|
|
(State of Incorporation)
|
|
(Commission File Number)
|
|
(I.R.S. Employer Identification No.)
|
|
|
|
|
|
|
|
6850 Versar Center Springfield, Virginia 22151
|
||||
|
(Address of principal executive offices)
|
||||
|
(Zip Code)
|
||||
|
|
||||
|
(703) 750-3000
|
||||
|
(Registrant’s
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:
|
☐
|
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
|
|
|
|
|
☐
|
Soliciting material pursuant to Rule 14a-12(b) under the Exchange
Act (17 CFR 240.14a-12(b))
|
|
|
|
|
☐
|
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
By
current report on Form 8-K filed on April 12, 2017, Versar,
Inc. (the “Company”) reported that it had received a
letter from NYSE MKT LLC (the “Exchange”) stating that
the Company is not in compliance with Section 1003(a)(i) of the Exchange Company Guide
(the “Company Guide”) due to the Company’s
reported stockholders’ equity of $1,068,000 as of July 1,
2016 and net losses in its fiscal years ended July 1, 2014 and July
1, 2016.
Pursuant
to the requirements of the Exchange’s letter, the Company
submitted a plan of compliance to the Exchange on May 8,
2017.
On June
30, 2017, the Exchange issued a letter indicating that it had
accepted the Company’s plan and granted the Company a plan
period through August 15, 2017, subject to extensions, to restore
compliance under the Company Guide. The staff of the Exchange will
review the Company periodically for compliance with the initiatives
outlined in its plan. If the Company is not in compliance with the
continued listing standards by August 15, 2017 or if the Company
does not make progress consistent with the plan during the plan
period, the Exchange staff has indicated that it would initiate
delisting proceedings as appropriate.
Also on
July 7, 2017, the Company issued a press release stating that it
had received the letter from the Exchange.
Item
9.01.
Financial Statements and Exhibits.
|
(d)
|
Exhibit 99.1 – Press Release dated July 7, 2017.
|
|
|
|
SIGNATURE
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.
|
Dated: July 7, 2017
|
VERSAR, INC.
|
||
|
|
|||
|
|
|||
|
|
By:
|
/s/ James D. Villa
|
|
|
|
|
James D. Villa
|
|
|
|
|
Senior Vice President and General Counsel
|
|