8-K 1 a09-35182_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

 

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):          December 9, 2009

 

Thomas Group, Inc.

(Exact name of registrant as specified in its charter)

 

Delaware

 

0-22010

 

72-0843540

(State or other jurisdiction of
incorporation)

 

(Commission File
Number)

 

(I.R.S. Employer Identification
No.)

 

 

 

 

5221 N. O’Connor Blvd., Suite 500
Irving, Texas

 

75039

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s Telephone Number, including area code:  (972) 869-3400

 

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:

 

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

 

On December 9, 2009, Thomas Group, Inc. (the “Company”) received notice from the Nasdaq Stock Market that its application had been approved to transfer the listing of its common stock from the Nasdaq Global Market to the Nasdaq Capital Market.  The transfer will be effective at the opening of the market on December 11, 2009.  The Company will continue to trade under the symbol “TGIS.”

 

The Nasdaq Capital Market is a continuous trading market that operates in substantially the same manner as the Nasdaq Global Market.  All companies listed on the Nasdaq Capital Market must meet certain financial requirements and adhere to Nasdaq’s corporate governance standards.  The Company elected to transfer the listing of its common stock to the Nasdaq Capital Market because it no longer met certain listing requirements of the NASDAQ Global Market.  The Company believes it is in compliance with all applicable criteria for continued listing on the Nasdaq Capital Market, but for the $1.00 per share minimum bid price requirement set forth in Listing Rule 5550(a)(2).  The Company will continue to monitor the bid price of its common stock and will consider available options if its common stock does not trade at a price level likely to result in the Company gaining compliance with Listing Rule 5550(a)(2) prior to the March 15, 2010 grace period deadline.

 

Item 9.01.              Financial Statements and Exhibits.

 

(d)           Exhibits.

 

EXHIBIT
NUMBER

 

DESCRIPTION

 

 

 

99.1

—

Press Release dated December 10, 2009.

 

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 hereunto duly authorized.

 

 

THOMAS GROUP, INC.

 

 

 

 

 

Date: December 11, 2009

By:

/ s / Earle Steinberg

 

 

Earle Steinberg

 

 

Chief Executive Officer

 

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