-----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, KC6ETXTVEGmK5xFA3uHQPByE87brQbuJ5UTYHzYfuzeI8h9iRzU0e5omdFZf1Xp3 vkhsbNFndX5gTZu/jbz1mw== 0000020232-08-000078.txt : 20080820 0000020232-08-000078.hdr.sgml : 20080820 20080820085309 ACCESSION NUMBER: 0000020232-08-000078 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20080819 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: 20080820 DATE AS OF CHANGE: 20080820 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHYRON CORP CENTRAL INDEX KEY: 0000020232 STANDARD INDUSTRIAL CLASSIFICATION: PHOTOGRAPHIC EQUIPMENT & SUPPLIES [3861] IRS NUMBER: 112117385 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09014 FILM NUMBER: 081029011 BUSINESS ADDRESS: STREET 1: 5 HUB DR CITY: MELVILLE STATE: NY ZIP: 11747 BUSINESS PHONE: 6318452000 MAIL ADDRESS: STREET 1: 5 HUB DRIVE CITY: MELVILLE STATE: NY ZIP: 11747 FORMER COMPANY: FORMER CONFORMED NAME: COMPUTER EXCHANGE INC DATE OF NAME CHANGE: 19760114 8-K 1 k80820081.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): August 19, 2008

 

CHYRON CORPORATION

(Exact Name of Registrant as Specified in its Charter)

New York

001-09014

11-2117385

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(I.R.S. Employer

Identification No.)

5 Hub Drive

 

Melville, New York

11747

(Address of Principal Executive Offices)

(Zip Code)

Registrant's telephone number, including area code: (631) 845-2000

 

 

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 under the Exchange Act (17 CFR 240.14a-12)

[ ] 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

(d) On August 19, 2008, Chyron Corporation (the "Company") issued a press release announcing that it has received approval for the listing of its common stock on the NASDAQ Global Market ("NASDAQ") and that it anticipates that its common stock will commence trading on NASDAQ on September 3, 2008 under the symbol "CHYR." The Company further anticipates that its common stock will cease trading on the American Stock Exchange ("AMEX") after the close of business on September 2, 2008. The Company notified AMEX on August 19, 2008 of its intention to voluntarily withdraw its common stock from listing on AMEX. The Company's transfer of listing of its common stock to NASDAQ from AMEX was authorized by the Company's Board of Directors. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

99.1 Press Release of Chyron Corporation dated August 19, 2008.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

CHYRON CORPORATION

 

By:

/s/ Jerry Kieliszak

 

Name:

Jerry Kieliszak

 

Title:

Senior Vice President and

 

 

Chief Financial Officer

Exhibit No.

Description

 

 

99.1

Press Release of Chyron Corporation dated August 19, 2008.

Date: August 20, 2008

EX-99.1 2 prnasdaq1.htm

Marybeth Csaby

David Burke

KCSA Strategic Communications

212-896-1236 / 1258

mcsaby@kcsa.com/

dburke@kcsa.com

Jerry Kieliszak

Senior Vice President and Chief Financial Officer

(631) 845-2000

jerryk@chyron.com

Chyron to list on the NASDAQ Global Market

MELVILLE, N.Y. - August 19, 2008 - Chyron (AMEX: CGS), a leading provider of broadcast-quality digital graphics solutions for television stations and networks and for online, out of home and mobile applications, today announced that it has been approved for listing on the NASDAQ Global Market under the ticker symbol "CHYR." Trading is expected to commence on the NASDAQ Global Market on September 3, 2008. The Company's common stock will continue to trade on the American Stock Exchange under its current symbol "CGS" until the close of the market on September 2, 2008.

Jerry Kieliszak, Chyron Senior Vice President and CFO, commented, "We are excited to have been approved for listing on the NASDAQ Global Market, as it represents another milestone in the progress of Chyron. A NASDAQ listing, we believe, will provide our shares with increased visibility among investors, and we expect that trading through the electronic multiple market maker system will help to improve Chyron's trading liquidity, which will be of benefit to the Company and shareholders alike."

 

About Chyron

Chyron continues to define the world of digital and broadcast graphics with newsroom, Web, Mobile, HD and 3D integration solutions. Winner of numerous awards, including two Emmys, Chyron has proven itself as a leader in the industry with sophisticated graphics offerings that include Online, Chyron's AXIS Graphics online content creation software, HD/SD switchable on-air graphics systems, clip servers, channel branding and telestration systems, graphic asset management and XMP integration solutions, and the award-winning WAPSTR mobile phone newsgathering application, as well as digital signage. For more information about Chyron's products and services, please visit the Company's websites at www.chyron.com, www.chytv.com and www.axisgraphics.tv.

 

Special Note Regarding Forward-looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the expected date that trading will commence on the NASDAQ Global Market and increased liquidity and other benefits of a NASDAQ listing. These forward-looking statements are based on management's current expectations and are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, product concentration in a mature market, dependence on the emerging digital market and the industry's transition to digital television ("DTV") and high definition television ("HDTV"), Chyron's ability to integrate its AXIS online graphics creation solution into its product offerings and to generate profits from AXIS, consumer acceptance of DTV and HD TV, resistance within the broadcast or cable industry to implement DTV and HDTV technology, rapid technological changes, continued growth, use and improvement of the Internet, new technologies that could render certain Chyron products to be obsolete, competitors with significantly greater financial resources, new product introductions by competitors, seasonality, ability to maintain adequate levels of working capital, Chyron's ability to successfully maintain the level of operating costs, expansion into new markets and other factors discussed under the heading "Risk Factors" contained in Item 1A in Chyron's Annual Report on Form 10-K for the year ended December 31, 2007, which has been filed with the Securities and Exchange Commission, as well as any updates to those risk factors filed from time to time. All information in this press release is as of the date of the release, and Chyron undertakes no duty to update this information unless required by law.

 

-----END PRIVACY-ENHANCED MESSAGE-----