-----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, NyT35j+uXaxNp0rVH6DCxdgZHWypHYqQoQpXgUbsNgCLB+K9yrB56YcfdDUOqKig eaQ6UZR+UW4uDJ/W3nj/ww== 0001144204-07-047312.txt : 20070830 0001144204-07-047312.hdr.sgml : 20070830 20070830170707 ACCESSION NUMBER: 0001144204-07-047312 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20070829 ITEM INFORMATION: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070830 DATE AS OF CHANGE: 20070830 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ARGAN INC CENTRAL INDEX KEY: 0000100591 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION SPECIAL TRADE CONTRACTORS [1700] IRS NUMBER: 131947195 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31756 FILM NUMBER: 071092231 BUSINESS ADDRESS: STREET 1: ONE CHURCH STREET SUITE 401 CITY: ROCKVILLE STATE: MD ZIP: 20850 BUSINESS PHONE: 301 315-0027 MAIL ADDRESS: STREET 1: ONE CHURCH STREET SUITE 401 CITY: ROCKVILLE STATE: MD ZIP: 20850 FORMER COMPANY: FORMER CONFORMED NAME: PUROFLOW INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: ULTRA DYNAMICS CORP DATE OF NAME CHANGE: 19830522 8-K 1 v086714_8k.htm Unassociated Document
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): August 29, 2007


ARGAN, INC.
(Exact Name of Registrant as Specified in its Charter)
 
Delaware
001-31756
13-1947195
(State or Other Jurisdiction
(Commission
(IRS Employer
of Incorporation)
File Number)
Identification No.)
 
One Church Street, Suite 401, Rockville, MD
20850
(Address of Principal Executive Offices)
(Zip Code)
 

Registrant's telephone number, including area code: (301) 315-0027


Not Applicable
(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:
 
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 August 29, 2007, the Board of Directors of Argan, Inc. (“Argan”) approved the delisting of Argan’s common stock, par value $.15 per share, from the Boston Stock Exchange in connection with the transfer of such listing to the American Stock Exchange. A copy of Argan’s press release, dated August 30, 2007, announcing the approval of delisting is attached to this report as Exhibit 99.1 and incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.
 
 
 
 
 
 
 
Exhibit No. 
 
Description 
 
 
 
 
 
99.1 
 
Argan, Inc., Press Release, issued August 30, 2007.

 
 

 

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.
 
     
  ARGAN, INC.
 
 
 
 
 
 
Date: August 30, 2007 By:   /s/ Arthur Trudel
 
Arthur Trudel
Senior Vice President and
Chief Financial Officer
   
 
 
 

 
 
EXHIBIT INDEX
 
 
Exhibit No. 
 
Description 
 
 
 
 
 
99.1 
 
Argan, Inc., Press Release, issued August 30, 2007.
 
EX-99.1 2 v086714_ex99-1.htm Unassociated Document
EXHIBIT 99.1



FOR IMMEDIATE RELEASE

Argan, Inc. to Voluntarily Withdraw Boston Stock
Exchange Listing


Rockville, MD (August 30, 2007) -- Argan, Inc. (AMEX: AGX) announced that its Board of Directors authorized the voluntary delisting of its securities from the Boston Stock Exchange. The Company’s common shares will continue to trade on the American Stock Exchange.

Rainer Bosselmann, Chairman and Chief Executive Officer stated, “Given our August 22 upgrade to the American Stock Exchange from the Bulletin Board, we do not believe that it is necessary to maintain a listing on the Boston Stock Exchange and incur the additional listing fees and duplicative compliance burdens.”

The withdrawal from the Boston Stock Exchange is expected to be effective ten days following the filing of Form 25 with the Securities and Exchange Commission. The Company expects this to take place the week of September 3, 2007.

About Argan
Argan is a publicly traded holding company focusing on companies that provide products and services to growth industries. Argan’s primary business is designing and building energy plants for the rapidly growing alternative energy sector through its Gemma Power Systems subsidiary. Argan has two other subsidiaries: Southern Maryland Cable, Inc., which provides inside premise wiring services to the federal government including military installations and government office sites requiring high-level security clearance and also provides underground and aerial construction services and splicing to major telecommunications and utilities customers; and Vitarich Laboratories, a farm to market, vertically integrated private label manufacturer that manufactures, packages and distributes premium nutraceutical products, including nutritional and whole food dietary supplements and other personal healthcare products.

 
 

 
 
This press release contains forward-looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements." Argan’s financial and operational results reflected above should not be construed by any means as representative of the current or future value of its common stock. All information set forth in this news release, except historical and factual information, represents forward-looking statements. This includes all statements about the Company's plans, beliefs, estimates and expectations. These statements are based on current estimates and projections, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include issues related to: rapidly changing technology and evolving standards in the industries in which the Company and its subsidiaries operate; the ability to obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new business, license and sign new agreements; the unpredictable nature of consumer preferences; and other factors set forth in the Company's most recently filed annual report and registration statement. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Readers should carefully review the risks and uncertainties described in other documents that the Company files from time to time with the Securities and Exchange Commission.
 

Company Contact:
Investor Relations Contact:
   
Rainer Bosselmann/Arthur Trudel
John Nesbett/Jennifer Belodeau
301.315.0027
Institutional Marketing Services (IMS)
 
203.972.9200

 
 

 


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