-----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, Wqt4DY41hGgbt/o2UBwi1PworQj7ng/pfQNyzcHfwgvuK3mvqCTNbez9hQwfGnHD Wd3fhHOLE48saxSr0zFcSQ== 0001144204-04-019719.txt : 20041118 0001144204-04-019719.hdr.sgml : 20041118 20041118161224 ACCESSION NUMBER: 0001144204-04-019719 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20041117 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: 20041118 DATE AS OF CHANGE: 20041118 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACMAT CORP CENTRAL INDEX KEY: 0000002062 STANDARD INDUSTRIAL CLASSIFICATION: SURETY INSURANCE [6351] IRS NUMBER: 060682460 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-06234 FILM NUMBER: 041155161 BUSINESS ADDRESS: STREET 1: 233 MAIN ST STREET 2: P O BOX 2350 CITY: NEW BRITAIN STATE: CT ZIP: 06050-2350 BUSINESS PHONE: 2032299000 MAIL ADDRESS: STREET 1: 233 MAIN STREET STREET 2: P O BOX 2350 CITY: NEW BRITAIN STATE: CT ZIP: 06050-2350 8-K 1 v09027_8k.txt 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): November 17, 2004 ACMAT CORPORATION (Exact name of issuer as specified in its charter) Connecticut 0-6234 0682460 ------------ ------ ------- (State of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 233 Main Street New Britain, CT 06050 ---------------------------------------- (Address of principal executive offices) (860) 229-9000 ---------------------------------------- (Registrant's telephone number, including area code) 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: [ ] 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 De-listing or Failure to Satisfy a Continued Listing Rule or Standard: Transferred Listing On November 17, 2004, the board of directors of ACMAT Corporation unanimously voted to terminate the registration of its Common Stock (ACMT.OB) and its Class A Common Stock (ACMTA) under the Securities Exchange Act of 1934. The Company intends to file two Form 15s with the Securities and Exchange Commission ("SEC") on or about December 3, 2004. The Company expects that the termination of registration of each class will become effective 90 days after the date of filing of the Form 15s with the SEC. The Company's Press Release dated November 18, 2004 is filed herewith and is incorporated herein by reference. Item 9. Financial Statements or Exhibits (c) Exhibits. The following document is filed as an Exhibit to this Report: Exhibit 99 - Press Release of the Company, dated November 18, 2004. 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, thereunto duly authorized. ACMAT Corporation /s/ Henry W. Nozko, Jr. ------------------------- By: Henry W. Nozko, Jr. Chairman, President and Chief Executive Officer Dated: November 18, 2004 EXHIBIT INDEX Exhibit Description 99 Press Release of the Company dated November 18, 2004. EX-99 2 v09027_ex99.txt Exhibit 99 PRESS RELEASE November 18, 2004 ACMAT Corporation 233 Main Street New Britain, CT 06050 For confirmation call: Henry W. Nozko, Jr., President (860) 229-9000 ACMAT CORPORATION ANNOUNCES INTENTION TO DEREGISTER ITS COMMON STOCK AND CLASS A COMMON STOCK ACMAT Corporation today announced that it intends to file two Form 15s with the Securities and Exchange Commission ("SEC") on or about December 3, 2004 to terminate the registration of its Common Stock (ACMT.OB) and its Class A Common Stock (ACMTA) under the Securities Exchange Act of 1934 ("Exchange Act"). The Company expects that the termination of registration of each class will become effective 90 days after the date of filing of the Form 15s with the SEC. Upon filing of the Form 15s, the Company's obligation to file with the SEC certain reports and forms, including Forms 10-K, 10-Q and 8-K, will immediately be suspended. In addition, following the filing of the Form 15s, the Company's Class A Stock will be delisted from the Nasdaq National Market and that its Common Stock will cease to be traded in the over-the-counter bulletin board market (OTC-BB). The Company anticipates that its Common Stock and Class A Common Stock will thereafter be traded over-the-counter in the "Pink Sheets" quotation service, to the extent market makers commit to make a market in the Common Stock and the Class A Stock. The Pink Sheets is an electronic network through which participating broker-dealers can make markets, and enter orders to buy and sell securities. For more information, see www.pinksheets.com. The Company, however, can provide no assurance that trading in the Class A Common Stock and the Common Stock will continue following the filing of the Form 15s. The Company intends to update its stockholders with financial information on a regular basis while shares of its Class A Common Stock and its Common Stock are quoted in the Pink Sheets service and intends to make available quarterly earnings announcements. The Company also intends to prepare annual audited financial statements, which will be sent to stockholders in connection with each annual meeting of stockholders. In approving this action, the Company's board of directors determined that the termination of registration of the Common Stock and Class A Common Stock under the Exchange Act would be in the best interests of the Company's stockholders. Among the factors considered were: o the management time and the costs associated with being a reporting company under the Exchange Act and filing SEC periodic reports, including the added costs of achieving and maintaining compliance with the new requirements of the Sarbanes-Oxley Act of 2002; o management's belief that these compliance costs would have a substantial adverse impact on the Company's earnings and thereby diminish the Company's future profitability; o the limited trading volume and liquidity of the Company's Class A Common Stock on the Nasdaq Stock Market and of the Common Stock in the OTC-BB market; o the fact that the Company has not historically availed itself of the public markets to raise capital and has no current plans to do so in the future; and o the lack of meaningful analyst coverage for the Company's Class A Common Stock and Common Stock. Henry W. Nozko, Jr., President of the Company, stated: "Deregistration will allow management to focus more of its resources on implementing the Company's business plan and to concentrate its efforts on enhancing long-term stockholder value. Increased costs associated with SEC public reporting obligations will have an increasingly adverse impact on our continued profitability. In addition, due to our small market capitalization and modest revenue base, we have not enjoyed many of the benefits traditionally associated with being a public reporting company. In the final analysis, our Board believes that stockholder value is best served through concentrating the Company's resources on increasing future profitability over the limited benefits that have resulted from our current public reporting status and existing Nasdaq and OTC-BB trading markets." * * * * * * ACMAT Corporation provides general building construction and designs, furnishes and installs interiors in commercial, industrial and institutional buildings. The Company's Insurance Group, which includes ACSTAR Insurance Company and United Coastal Insurance Company, provides surety bonding, specialty general, pollution, asbestos, products and professional liability insurance, nationwide, to contractors, property owners, storage and treatment facilities, manufacturers and allied professionals. This press release may contain certain forward-looking statements regarding the Company's results of operations and financial position. These forward-looking statements are based on current information and expectations, and are subject to risks and uncertainties, which could cause the Company's actual results to differ materially from expected results. -----END PRIVACY-ENHANCED MESSAGE-----