-----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, Ut8kG+nG1h3Bl/WfFJnYkt64a0WPDZuoZBexNrB3vaGZs7v/+XmdQEGxj9vhFGHy gy1SGiRja0AVyPkpnTFFbg== 0000898431-05-000059.txt : 20050421 0000898431-05-000059.hdr.sgml : 20050421 20050421084752 ACCESSION NUMBER: 0000898431-05-000059 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050419 ITEM INFORMATION: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing FILED AS OF DATE: 20050421 DATE AS OF CHANGE: 20050421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN LOCKER GROUP INC CENTRAL INDEX KEY: 0000008855 STANDARD INDUSTRIAL CLASSIFICATION: PARTITIONS, SHELVING, LOCKERS & OFFICE AND STORE FIXTURES [2540] IRS NUMBER: 160338330 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-00439 FILM NUMBER: 05763238 BUSINESS ADDRESS: STREET 1: 608 ALLEN STREET CITY: JAMESTOWN STATE: NY ZIP: 14701 BUSINESS PHONE: 7166649600 MAIL ADDRESS: STREET 1: 608 ALLEN STREET CITY: JAMESTOWN STATE: NY ZIP: 14701 FORMER COMPANY: FORMER CONFORMED NAME: AVM CORP DATE OF NAME CHANGE: 19850520 8-K 1 form-8k_041905.txt FORM 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): April 19, 2005 American Locker Group Incorporated ------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 0-439 16-0338330 ---------------------------- -------------- ------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 608 Allen Street, Jamestown, New York 14701 -------------------------------------------------- ------------- (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code: (716) 664-9600 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. On April 19, 2005, American Locker Group Incorporated (the "Company") received notice from The Nasdaq Stock Market ("Nasdaq") indicating that the Company is not in compliance with Nasdaq's requirement for continued listing set forth in Marketplace Rule 4310(c)(14) as a result of the Company's failure to file its Annual Report on Form 10-K for its fiscal year ended December 31, 2004 with the Securities and Exchange Commission. While the notice does not by itself result in immediate delisting of the Company's common stock, Nasdaq stated in its notice that unless the Company requests a hearing with a Nasdaq Listing Qualifications Panel, the Company's common stock will be delisted from Nasdaq at the opening of business on April 28, 2005. In addition, the trading symbol for the Company's common stock will be changed from "ALGI" to "ALGIE" effective as of the opening of business on April 21, 2005. Nasdaq rules permit the Company to request a hearing with a Nasdaq Listing Qualifications Panel to appeal Nasdaq's decision to delist the Company's common stock. The Company intends to make a timely request for a hearing on this matter, which will stay the delisting pending the hearing and a determination by the Nasdaq Listing Qualifications Panel, and to request an extension to file its Annual Report on Form 10-K. While the Company is working diligently to file its Annual Report on Form 10-K as soon as possible, there can be no assurance that the Nasdaq Listing Qualifications Panel will grant the Company's request. Attached as Exhibit 99.1 hereto is a copy of the Company's press release dated April 20, 2005, with respect to this matter. Item 9.01. Financial Statements and Exhibits. (c) Exhibits 99.1 Press release dated April 20, 2005. -1- SIGNATURE 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 hereunto duly authorized. AMERICAN LOCKER GROUP INCORPORATED By: /s/ Edward F. Ruttenberg ------------------------ Edward F. Ruttenberg Chairman and Chief Executive Officer Dated: April 21, 2005 -2- EXHIBIT INDEX Exhibit 99.1 Press release dated April 20, 2005. -3- EX-99 2 exh_99-1.txt EXHIBIT 99.1 [LOGO OMITTED] PRESS RELEASE For further information contact: Edward F. Ruttenberg Phone: (412) 422-2377 Fax: (412) 422-2378 Release No: 2005-05 (BW) (NY-AMERICAN-LOCKER-GROUP) (NASDAQ:ALGI) AMERICAN LOCKER GROUP INCORPORATED RECEIVES NOTICE RELATING TO NONCOMPLIANCE WITH NASDAQ LISTING REQUIREMENTS BUSINESS EDITOR JAMESTOWN, NY- (BUSINESS WIRE) April 20, 2005 American Locker Group Incorporated announced that it has received notice on April 19, 2005 from The NASDAQ Stock Market indicating that the Company is not in compliance with NASDAQ's requirements for continued listing set forth in NASDAQ Marketplace Rule 4310(c)(14) as a result of the Company's failure to file its Annual Report on Form 10-K for its fiscal year ended December 31, 2004 with the Securities and Exchange Commission. While the notice does not by itself result in immediate delisting of the Company's common stock, NASDAQ stated in its notice that unless the Company requests a hearing with a NASDAQ Listing Qualifications Panel, the Company's common stock will be delisted from Nasdaq at the opening of business on April 28, 2005. In addition, the trading symbol for the Company's common stock will be changed from "ALGI" to "ALGIE" effective as of the opening of business on April 21, 2005. NASDAQ rules permit the Company to request a hearing with a NASDAQ Listing Qualifications Panel to appeal NASDAQ's decision to delist the Company's common stock. The Company intends to make a timely request for a hearing on this matter, which will stay the delisting pending the hearing and a determination by the NASDAQ Listing Qualifications Panel, and to request an extension to file its Annual Report on Form 10-K. While the Company is working diligently to file its Annual Report on Form 10-K as soon as possible, there can be no assurance that the NASDAQ Listing Qualifications Panel will grant the Company's request. Safe Harbor Statement under the Private Securities Litigation Reform Act Of 1995 Except for historical information contained in this press release, the matters discussed herein which contain forward-looking statements, including without limitation, statements relating to the Company's plans, strategies, objectives, expectations, intentions and adequacy of resources, are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties including without limitation the following: (i) the Company's plans, strategies, objectives, expectations, and intentions are subject to change at any time 1 at the discretion of the Company, (ii) the Company's plans and results of operations will be affected by the Company's ability to manage its growth and inventory, and (iii) other risks and uncertainties indicated from time to time in the Company's filings with the Securities and Exchange Commission. ##### 2 -----END PRIVACY-ENHANCED MESSAGE-----