-----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, QzT77a54FJDI4PzEOApg+fs1Vp+mMCDxa1a+v4C1/S1OwmROr8QpQJlR71JgMXyN Ef9R9OJQXho1M8uLFswsxA== 0000902561-99-000593.txt : 19991220 0000902561-99-000593.hdr.sgml : 19991220 ACCESSION NUMBER: 0000902561-99-000593 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19991216 ITEM INFORMATION: FILED AS OF DATE: 19991217 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PAGING NETWORK INC CENTRAL INDEX KEY: 0000878324 STANDARD INDUSTRIAL CLASSIFICATION: RADIO TELEPHONE COMMUNICATIONS [4812] IRS NUMBER: 042740516 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-15201 FILM NUMBER: 99776607 BUSINESS ADDRESS: STREET 1: 14911 QUORUM DRIVE CITY: DALLAS STATE: TX ZIP: 75240 BUSINESS PHONE: 9728018000 MAIL ADDRESS: STREET 1: 14911 QUORUM DRIVE STREET 2: SUITE 600 CITY: DALLAS STATE: TX ZIP: 75240 8-K 1 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): December 16, 1999 PAGING NETWORK, INC. - ------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 0-19494 04-2740516 - ----------------------------- ------------------- --------------------- (State or other jurisdiction (Commission (I.R.S. Employer of incorporation) File Number) Identification No.) 14911 Quorum Drive Dallas, Texa 75240 - -------------------------------------------- ----------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including are code: (972) 801-8000 Not Applicable - ------------------------------------------------------------------------------- (Former name or former address, if changed since last report) 1 Item 5. Other Events. Paging Network, Inc. (the "Company") has received notification from the NASDAQ Stock Market that it intends to delist the Company's common stock from the NASDAQ Stock Market, effective December 22, 1999, unless the Company requests a hearing prior to that time, due to the Company's failure to maintain compliance with NASDAQ's alternative listing Maintenance Standards, by failing either to meet NASDAQ's net tangible asset requirement or to maintain the minimum bid price of its common stock at or above $5 per share. On December 16, 1999, the Company requested a hearing to appeal NASDAQ's decision. Such a hearing would likely be scheduled during the first quarter of 2000. Until a decision is made by NASDAQ's Listings Hearings Department, the Company's common stock will remain listed on the National Market System of NASDAQ. There can be no assurance as to when a decision will be reached by NASDAQ's Listings Hearings Department or that such a decision will be favorable to the Company. An unfavorable decision will result in the immediate delisting of the Company's common stock irrespective of the Company's ability to appeal such a decision. In addition, the Company has been notified by the Chicago Stock Exchange that if it is delisted by NASDAQ, the Chicago Stock Exchange intends to enforce its own minimum listing requirements. The Company does not comply with these listing requirements and the Chicago Stock Exchange has indicated that it would not be willing to extend the time for compliance until the completion of the Company's proposed merger with Arch Communications Group, Inc. 2 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. Dated: December 17, 1999 PAGING NETWORK, INC. By: /s/ Ruth Williams ------------------------------------------ Ruth Williams Senior Vice President and General Counsel 3 -----END PRIVACY-ENHANCED MESSAGE-----