-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, FtQR2aA93saUlHdnSnWBoTP4rVzweKy+0j6lPC2xMz3IniKPHsZ7R+cYTWaMi4n6 Ze9hfs6QbMthZnts/FYZJQ== 0000891020-02-002092.txt : 20021231 0000891020-02-002092.hdr.sgml : 20021231 20021230204546 ACCESSION NUMBER: 0000891020-02-002092 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20021223 ITEM INFORMATION: Other events FILED AS OF DATE: 20021231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: APPLIED MICROSYSTEMS CORP /WA/ CENTRAL INDEX KEY: 0001000787 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 911074996 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26778 FILM NUMBER: 02872795 BUSINESS ADDRESS: STREET 1: 5020 148TH AVE NE STREET 2: P O BOX 97002 CITY: REDMOND STATE: WA ZIP: 98073-9702 BUSINESS PHONE: 2068822000 MAIL ADDRESS: STREET 1: 5020 148TH AVE NE CITY: REDMOND STATE: WA ZIP: 98073-9702 8-K 1 v86783e8vk.htm FORM 8-K Form 8-K
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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): December 23, 2002

APPLIED MICROSYSTEMS CORPORATION

(Exact name of registrant as specified in its charter)
         
WASHINGTON
(State or other jurisdiction of
incorporation or organization)		   0-26778
(Commission File Number) 		  91-1074996
(I.R.S. Employer)
Identification No.)

5020 148th Avenue NE
Redmond, Washington 98052
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (425) 882-2000

 

SIGNATURES
EXHIBIT 99.1

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Item 5. Other Events.

     On December 23, 2002, Applied Microsystems Corporation (“the Company”) received a Nasdaq Staff Determination indicating that the Company fails to comply with the minimum stockholders’ equity requirement for continued listing set forth in Marketplace Rule 4310(c)(2)(B). In addition, the Staff notified the Company that it did not comply with the minimum bid price of its common stock requirement set forth in Marketplace Rule 4450(e)(2) or the market value of public float requirement, and that its common stock will be delisted from the Nasdaq SmallCap Market as of the opening of business on January 3, 2003.

     A copy of the Company’s press release announcing the Nasdaq Staff Determination is attached hereto as exhibit 99.1 and is incorporated herein by reference.

Item 7. Financial Statements And Exhibits.

  (c)   Exhibits

     
Exhibit No.   Description
 
99.1   Press Release of Applied Microsystems Corporation dated December 30, 2002

 

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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 hereunto duly authorized.

         
    Applied Microsystems Corporation
         
         
December 31, 2002   By:   /s/ Robert C. Bateman
       
        Robert C. Bateman
Chief Financial Officer

 

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INDEX TO EXHIBITS

     
Exhibit No.   Description
 
99.1   Press Release of Applied Microsystems Corporation dated December 30, 2002

  EX-99.1 3 v86783exv99w1.txt EXHIBIT 99.1 EXHIBIT 99.1 For more information, contact: Rob Bateman, Chief Financial Officer Applied Microsystems Corporation (425) 883-1606 rob.bateman@amc.com APPLIED MICROSYSTEMS RECEIVES NASDAQ DELISTING NOTICE REDMOND, WASH. -- DECEMBER 30, 2002 -- Applied Microsystems Corporation (NASDAQ: APMC) today reported that it received a Nasdaq Staff Determination on December 23, 2002 indicating that the Company fails to comply with the minimum stockholders' equity requirement, minimum bid price, and market value of public float requirements for continued listing set forth in Nasdaq Marketplace Rules. Applied does not intend to appeal the delisting notice; therefore, the Company's securities are expected to be delisted from the Nasdaq SmallCap Market at the opening of business on January 3, 2003. On December 16, 2002, the Company announced that its board of directors had unanimously decided to recommend to shareholders that the Company be liquidated. Applied plans to prepare a proxy statement as soon as practicable that will provide additional information and will submit a plan of liquidation and dissolution to its shareholders for approval. The company can be reached at P.O. Box 97002, Redmond, Wash. 98073-9702; by phone at 425-883-1606; or by e-mail at info@amc.com. Visit Applied on the Web at www.amc.com. Forward-looking statements in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from historical results or those anticipated or stated or implied by such forward-looking statements. These factors include, without limitation, the Company's assessment - based on information received from Nasdaq - that its securities will be delisted as noted in the release, the Company's ability to implement the plan of liquidation and dissolution in a timely manner and obtain shareholder approval for such liquidation, and other risks and uncertainties detailed from time to time in the Company's filings with the Securities and Exchange Commission. #### 1 -----END PRIVACY-ENHANCED MESSAGE-----