0001104659-14-050775.txt : 20140709 0001104659-14-050775.hdr.sgml : 20140709 20140709160536 ACCESSION NUMBER: 0001104659-14-050775 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20140702 ITEM INFORMATION: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing FILED AS OF DATE: 20140709 DATE AS OF CHANGE: 20140709 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UniTek Global Services, Inc. CENTRAL INDEX KEY: 0000826773 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 752233445 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34867 FILM NUMBER: 14967369 BUSINESS ADDRESS: STREET 1: 1777 SENTRY PARKWAY WEST STREET 2: GWYNEDD HALL, SUITE 302 CITY: BLUE BELL STATE: PA ZIP: 19422 BUSINESS PHONE: 267-464-1700 MAIL ADDRESS: STREET 1: 1777 SENTRY PARKWAY WEST STREET 2: GWYNEDD HALL, SUITE 302 CITY: BLUE BELL STATE: PA ZIP: 19422 FORMER COMPANY: FORMER CONFORMED NAME: BERLINER COMMUNICATIONS INC DATE OF NAME CHANGE: 20050919 FORMER COMPANY: FORMER CONFORMED NAME: NOVO NETWORKS INC DATE OF NAME CHANGE: 20010104 FORMER COMPANY: FORMER CONFORMED NAME: EVENTURES GROUP INC DATE OF NAME CHANGE: 19990902 8-K 1 a14-16884_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):  July 2, 2014

 

UniTek Global Services, Inc.

(Exact Name of Registrant as Specified in Charter)

 

Delaware
(State or Other Jurisdiction
of Incorporation)

 

000-34867
(Commission File Number)

 

75-2233445
(IRS Employer Identification No.)

 

1777 Sentry Parkway West, Blue Bell, PA
(Address of Principal Executive Offices)

 

19422
(Zip Code)

 

Registrant’s telephone number, including area code:  (267) 464-1700

 

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 (see General Instruction A.2. below):

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

 

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 3.01.                                        Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

On July 2, 2014, UniTek Global Services, Inc. (the “Company”) received a notice from The NASDAQ Stock Market LLC stating that the bid price of the Company’s common stock had closed below $1.00 per share for 30 consecutive business days and that, as a result, the Company no longer meets the minimum bid price requirement for continued listing on The NASDAQ Global Market, as set forth in NASDAQ Listing Rule 5450(a)(1).

 

The notice states that the Company has 180 calendar days, or until December 29, 2014, to regain compliance with the rule. Specifically, if at any time before December 29, 2014, the closing bid price of the Company’s common stock closes above $1.00 per share for a minimum of 10 consecutive business days, but generally no more than 20 days, the NASDAQ staff will determine that the Company complies with the minimum bid price requirement and the Company will be provided with written confirmation of such compliance. If the Company has not achieved compliance by December 29, 2014, it would be eligible for an additional 180-day compliance period so long as the Company satisfies the continued listing requirement for market value of publicly held shares and all other requirements for initial listing on The NASDAQ Global Market (but for bid price) and if the Company provides written notice of its intention to cure the bid price deficiency during the second compliance period. If it appears to the NASDAQ staff that the Company will not be able to cure the deficiency or if the Company is not otherwise eligible for the time extension, the NASDAQ staff will provide the Company with written notification that the Company’s common stock will be subject to delisting from The NASDAQ Global Market and, at such time, the Company may appeal the delisting determination to a Hearings Panel.

 

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SIGNATURE

 

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

 

 

 

UNITEK GLOBAL SERVICES, INC.

 

 

 

 

Date: July 9, 2014

By:

/s/ Andrew J. Herning

 

 

Andrew J. Herning

 

 

Chief Financial Officer

 

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