0001104659-13-043896.txt : 20130522 0001104659-13-043896.hdr.sgml : 20130522 20130522163759 ACCESSION NUMBER: 0001104659-13-043896 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130520 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130522 DATE AS OF CHANGE: 20130522 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAUI LAND & PINEAPPLE CO INC CENTRAL INDEX KEY: 0000063330 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 990107542 STATE OF INCORPORATION: HI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-06510 FILM NUMBER: 13865268 BUSINESS ADDRESS: STREET 1: 200 VILLAGE ROAD CITY: LAHAINA STATE: HI ZIP: 96761 BUSINESS PHONE: 808-877-1608 MAIL ADDRESS: STREET 1: 200 VILLAGE ROAD CITY: LAHAINA STATE: HI ZIP: 96761 8-K 1 a13-13019_18k.htm 8-K

 

 

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):  May 20, 2013

 

MAUI LAND & PINEAPPLE COMPANY, INC.

 (Exact name of registrant as specified in its charter)

 

Hawaii

 

001-06510

 

99-0107542

(State of Incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification Number)

 

200 Village Road, Lahaina, Maui, Hawaii 96761

 (Address of principal executive offices)  (Zip Code)

 

(808) 877-3351

 (Registrant’s telephone number, including area code)

 

N/A

(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 8.01                                           Other Events

 

On May 20, 2013, Maui Land & Pineapple Company, Inc. was informed by the New York Stock Exchange (NYSE) that it has returned to compliance with the NYSE continued listing standards.  A copy of the press release is filed herewith as Exhibit 99.1 and incorporated herein by reference.

 

Item 9.01                                               Financial Statements and Exhibits

 

(d)         Exhibits

 

Exhibit Number

 

Description

99.1

 

Maui Land & Pineapple Company, Inc. Press Release dated May 20, 2013.

 

2



 

SIGNATURES

 

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

 

 

 

MAUI LAND & PINEAPPLE COMPANY, INC.

 

 

Date: May 22, 2013

By:

/s/ TIM T. ESAKI

 

 

Tim T. Esaki

 

 

Chief Financial Officer

 

3



 

EXHIBIT INDEX

 

Exhibit
Number

 

Description 

99.1

 

Maui Land & Pineapple Company, Inc. Press Release dated May 20, 2013.

 

4


EX-99.1 2 a13-13019_1ex99d1.htm EX-99.1

Exhibit 99.1

 

NEWS RELEASE

Contact:

 

Tim T. Esaki

 

(808) 665-5480

 

tesaki@kapalua.com

 

MAUI LAND & PINEAPPLE BACK IN NYSE COMPLIANCE

 

KAPALUA RESORT, Hawaii, May 20, 2013 (BUSINESS WIRE) —

 

Maui Land & Pineapple Company, Inc. (NYSE: MLP) has been informed by the New York Stock Exchange (NYSE) that it is now considered a “company back in compliance” with the NYSE’s continued listing standards.  The NYSE decision was based on MLP’s consistent positive performance with respect to its business plan and the NYSE’s market capitalization standards over the past two quarters.

 

The NYSE notified the Company in October 2012 that it was not in compliance with the NYSE’s continued listing standards because its average market capitalization was less than $50 million over a 30 trading-day period and its most recently reported shareholders’ equity was less than $50 million.  In December 2012, the Company submitted a business plan outlining its actions to achieve compliance within 18 months.

 

On May 20, 2013, MLP’s average market capitalization over a 30 trading-day period was approximately $81 million.

 

About Maui Land & Pineapple Company, Inc.

 

Maui Land & Pineapple Company, Inc. develops, sells, and manages residential, resort, commercial, and industrial real estate.  The Company owns approximately 23,000 acres of land on Maui and manages properties, utilities, and a nature preserve at the Kapalua Resort.

 

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