-----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, MNe6dJLGv0oCjq9L0DLT/E8iv7HzV7UI6ZqLaSzyRp/e/kLgUz+V7Le4EICui14V fP75dRpJcIgRJkDKm0m10Q== 0001193125-03-004163.txt : 20030509 0001193125-03-004163.hdr.sgml : 20030509 20030509165323 ACCESSION NUMBER: 0001193125-03-004163 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030508 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030509 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: 03690877 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 CURRENT REPORT FOR I2 TECHNOLOGIES, INC. Current Report for i2 Technologies, Inc.

 


 

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): May 8, 2003

 


 

i2 Technologies, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

(State or other jurisdiction

of incorporation)

    

0-28030

(Commission File Number)

    

75-2294945

(I. R.S. Employer

Identification No.)

One i2 Place

11701 Luna Road

Dallas, Texas

(Address of principal executive offices)

           

75234

(Zip Code)

 

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

 


 


 

ITEM 5. OTHER EVENTS

 

On May 8, 2003, i2 Technologies, Inc. (the “Company” or “i2”) issued a press release announcing that NASDAQ had notified the Company that its common stock will be delisted from the NASDAQ Stock Market effective at the opening of the market on Friday, May 9, 2003. The Company stated that, as support for its decision, a NASDAQ Listing Qualifications Panel noted that i2 had not yet filed its annual report on Form 10-K for the fiscal year ended December 31, 2002 or any restatements with respect to prior periods currently being re-audited.

 

The Company also reiterated that it is working diligently to bring current its filings with the SEC, which is dependent upon completing the Company’s ongoing re-audits. The Company stated that it currently believes that it will file its annual report on Form 10-K, as well as its quarterly report on Form 10-Q for the quarter ended March 31, 2003, in June. The Company also announced that based on its belief that it will be able to complete and file its required SEC filings within this time period, the Company has determined to appeal the Listing Qualification Panel’s decision. The Company noted that during the appeals process, i2’s common stock will remain delisted and there can be no assurance as to whether or not the appeals process will lead to a different result.

 

The Company further stated that in the event that the Company’s appeal is unsuccessful, i2 intends to re-apply to the NASDAQ National Market at such time that it can satisfy NASDAQ’s initial listing requirements, which include, among other things, a minimum bid requirement of $5. The Company can provide no assurance that i2’s common stock will satisfy the minimum bid requirement or that the common stock will otherwise be approved for listing.

 

The Company also stated that it believes that its common stock will be eligible to trade on the OTC Bulletin Board once its annual report on Form 10-K and quarterly report on Form 10-Q have been filed with the SEC. In the meantime, the Company noted that the common stock may become quoted in the Pink Sheets upon application by a market maker.

 

ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

 

(c) Exhibits

 

99.1 Press release.

 

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: May 9, 2003

 

By:

 

/s/    WILLIAM M. BEECHER


   

William M. Beecher

   

Executive Vice President and

   

Chief Financial Officer

 

 

 

 

2


 

INDEX TO EXHIBITS

 

Exhibit Number


  

Description


99.1

  

Press release.

 

 

3

EX-99.1 3 dex991.htm PRESS RELEASE Press Release

 

EXHIBIT 99.1

 

Press Release

 

[i2 Logo]

 

i2 Announces Delisting by NASDAQ of its Common Stock

i2 Plans Appeal

 

DALLAS — May 8, 2003 – i2 Technologies, Inc. (NASDAQ: ITWOE), has been notified by NASDAQ that its common stock will be delisted from the NASDAQ Stock Market effective at the opening of the market on Friday, May 9, 2003. As support for its decision, a NASDAQ Listing Qualifications Panel noted that i2 has not yet filed its annual report on Form 10-K for the fiscal year ended December 31, 2002 or any restatements with respect to prior periods currently being re-audited.

 

As previously announced, i2 is working diligently to bring current its filings with the SEC, which is dependent upon completing the Company’s ongoing re-audits. i2 currently believes that it will file its annual report on Form 10-K, as well as its quarterly report on Form 10-Q for the quarter ended March 31, 2003, in June. Based on i2’s belief that it will be able to complete and file its required SEC filings within this time period, the Company has determined to appeal the Listing Qualification Panel’s decision. During the appeals process, i2’s common stock will remain delisted and there can be no assurance as to whether or not the appeals process will lead to a different result.

 

In the event that the Company’s appeal is unsuccessful, i2 intends to re-apply to the NASDAQ National Market at such time that it can satisfy NASDAQ’s initial listing requirements, which include, among other things, a minimum bid requirement of $5. There can be no assurance that i2’s common stock will satisfy the minimum bid requirement or that the common stock will otherwise be approved for listing.

 

i2 also believes that its common stock will be eligible to trade on the OTC Bulletin Board once its annual report on Form 10-K and quarterly report on Form 10-Q have been filed with the SEC. In the meantime, the Company’s common stock may become quoted in the Pink Sheets upon application by a market maker.

 

i2 Cautionary Language

 

This press release contains forward-looking statements that involve risks and uncertainties, including forward-looking statements regarding the timing for the filing of our annual report on Form 10-K and quarterly report on Form 10-Q, and the appeal of the decision to delist our common stock. These forward-looking statements involve risks and uncertainties that may cause actual results to differ from these expectations. Factors that could cause actual results to differ could include the results and duration of the re-audit of i2’s financial statements; and our ability to timely file our annual report on Form 10-K and quarterly report on Form 10-Q. For a discussion of 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 (for the purpose of reviewing the risk factors only), particularly the annual report on Form 10-K filed April 1, 2002 and quarterly report on Form 10-Q filed November 14, 2002. i2 assumes no obligation to update the forward-looking information contained in this press release.

 

Media Contact:

Melanie Ofenloch

i2 Corporate Communications

469/357-3027

melanie_ofenloch@i2.com

 

Investor Contact

Barry Sievert

i2 Investor Relations

469/357-1000

investor@i2.com

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