-----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, M2YRp7yzki3fd5Gya9yhH+bcIjXcFxqd6Za5Z9XW++Ff/qrEfdibLziUe3NDF2L0 CR3tqFPxkI7E9szH01Ijgw== 0000930661-03-000635.txt : 20030213 0000930661-03-000635.hdr.sgml : 20030213 20030213140207 ACCESSION NUMBER: 0000930661-03-000635 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030210 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits ITEM INFORMATION: FILED AS OF DATE: 20030213 FILER: COMPANY DATA: COMPANY CONFORMED NAME: I2 TECHNOLOGIES INC CENTRAL INDEX KEY: 0001009304 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 752294945 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-28030 FILM NUMBER: 03558442 BUSINESS ADDRESS: STREET 1: ONE 12 PLACE STREET 2: 11701 LUNA RD CITY: DALLAS STATE: TX ZIP: 75234 BUSINESS PHONE: 4643571000 MAIL ADDRESS: STREET 1: ONE 12 PLACE STREET 2: 11701 LUNA RD CITY: DALLAS STATE: TX ZIP: 75234 8-K 1 d8k.htm FORM 8-K Form 8-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

Form 8-K

 

CURENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): February 10, 2003

 

i2 Technologies, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

 

0-28030

 

75-2294945

(State or other jurisdiction of

incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

One i2 Place

11701 Luna Road

Dallas, Texas

     

75234

(Address of principal

executive offices)

     

(Zip Code)

 

Registrant’s telephone number, including area code: (469) 357-1000

 


 


 

The information in Item 7 and Item 9 of this Current Report on Form 8-K, including the exhibit, is furnished pursuant to Item 9 and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, the information in Item 7 and Item 9 of this Current Report on Form 8-K, including the exhibit, shall not be deemed to be incorporated by reference into the filings of i2 Technologies, Inc. under the Securities Act of 1933, as amended.

 

ITEM 5. OTHER EVENTS

 

On February 10, 2003, i2 Technologies, Inc. (the “Company”) issued a press release announcing that the Company will not be moving to the NASDAQ SmallCap Market as previously announced. The Company stated that the decision is a result of NASDAQ’s proposed changes to the continued listing requirements for the NASDAQ National Market. As a result of this decision, the Company has received from the NASDAQ a delisting notification, which it plans to appeal.

 

The NASDAQ Board of Directors recently approved an amendment to the National Market continued listing requirements that, if approved by the SEC, could allow the Company to satisfy the National Market listing requirements if its stock price rises to above the $1 level within the newly-proposed extended grace period.

 

Based on the potential listing requirement changes, the Company has decided to utilize the NASDAQ delisting appeals process to demonstrate its ability to comply with and maintain the new listing standards, if approved by the SEC. Therefore, the Company has withdrawn its application to phase down to the NASDAQ Small Cap Market and NASDAQ has furnished the Company with a notice of intent to delist for noncompliance with the NASDAQ National Market’s minimum shareholders equity requirement.

 

The Company plans to submit a request for a hearing to appeal the delisting notification. Hearings are generally scheduled 30 to 45 days from the time of request. The Company’s stock will continue to trade on the NASDAQ National Market while the appeal is pending.

 

In the event that NASDAQ does not accept the Company’s position regarding its ability to meet and maintain the National Market continued listing standards, the Company intends to seek permission to move to the NASDAQ Small Cap Market at that time.

 

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

 

(c) Exhibits

 

99.1

  

Press Release

 

ITEM 9. REGULATION FD DISCLOSURE

 

On February 10, 2003, the Company issued a press release announcing that the Company will not be moving to the NASDAQ SmallCap Market as previously announced. A copy of the Company’s press release is included in this report as Exhibit 99.1.

 

2


 

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.

 

i2 TECHNOLOGIES, INC.

 

Dated: February 13, 2003

 

 

By:

 

/s/ William M. Beecher


   

William M. Beecher

Executive Vice President and

Chief Financial Officer

 

3


 

INDEX TO EXHIBITS

 

Exhibit

Number


  

Description


99.1

  

Press release.

 

4

EX-99.1 3 dex991.htm PRESS RELEASE Press Release

 

EXHIBIT 99.1

 

Press Release

 

[i2 Logo]

 

i2 Cancels Move to Small Cap Market; Receives and Begins Appeal of Delisting Notification

 

The NASDAQ board is proposing to the SEC changes to National Market continued listing requirements, which could allow the Company to retain its National Market listing status.

 

DALLAS – February 10, 2003 — i2 Technologies, Inc. (NASDAQ: ITWO) today announced that it will not be moving to the NASDAQ Small Cap Market as previously announced. The decision is a result of NASDAQ’s proposed changes to the continued listing requirements for the NASDAQ National Market. As a result of this decision, i2 has received from the NASDAQ a delisting notification, which it plans to appeal.

 

The NASDAQ Board of Directors recently approved an amendment to the National Market continued listing requirements that, if approved by the SEC, could allow i2 to satisfy the National Market listing requirements if its stock price rises to above the $1 level within the newly-proposed extended grace period.

 

Based on the potential listing requirement changes, i2 has decided to utilize the NASDAQ delisting appeals process to demonstrate its ability to comply with and maintain the new listing standards, if approved by the SEC. Therefore, i2 has withdrawn its application to phase down to the NASDAQ Small Cap Market and NASDAQ has furnished the company with a notice of intent to delist for noncompliance with the NASDAQ National Market’s minimum shareholders equity requirement.

 

The company plans to submit a request for a hearing to appeal the delisting notification within seven days. Hearings are generally scheduled 30 to 45 days from the time of request. The company’s stock will continue to trade on the NASDAQ National Market while the appeal is pending.

 

In the event that NASDAQ does not accept i2’s position regarding its ability to meet and maintain the National Market continued listing standards, i2 intends to seek permission to move to the NASDAQ Small Cap Market at that time.

 

About i2

A leading provider of end-to-end supply chain management solutions, i2 designs and delivers software that helps customers optimize and synchronize activities involved in successfully managing supply and demand. More than 1,000 of the world’s leading companies, including seven of the Fortune global top 10, have selected i2 to help solve their most critical supply chain challenges. Founded in 1988 with a commitment to customer success, i2 remains focused on delivering value by implementing solutions designed to provide a rapid return on investment. Learn more at www.i2.com.

 

i2 is a registered trademark of i2 Technologies US, Inc. and its subsidiaries.

 

- more -

 

i2 Cautionary Language

This press release may contain forward-looking statements that involve risks and uncertainties that may cause actual results to differ from those projected. In particular, there is no assurance that the company will be permitted to remain on either the NASDAQ National Market or the NASDAQ Small Cap Market. For a discussion of other factors which could impact i2’s financial results and cause actual results to differ materially from those in forward-looking statements, please refer to i2’s recent filings with the SEC, particularly the Form 10-K filed April 1, 2002 and Form 10-Q filed November 14, 2002. i2 assumes no obligation to update the forward-looking information contained in this news release.

 

Contact:

Barry Sievert

i2 Investor Relations

469-357-1000

investor@i2.com

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