0001193125-13-354080.txt : 20130830 0001193125-13-354080.hdr.sgml : 20130830 20130830165352 ACCESSION NUMBER: 0001193125-13-354080 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20130830 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130830 DATE AS OF CHANGE: 20130830 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SKYLINE CORP CENTRAL INDEX KEY: 0000090896 STANDARD INDUSTRIAL CLASSIFICATION: MOBILE HOMES [2451] IRS NUMBER: 351038277 STATE OF INCORPORATION: IN FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04714 FILM NUMBER: 131072932 BUSINESS ADDRESS: STREET 1: 2520 BY-PASS RD STREET 2: P O BOX 743 CITY: ELKHART STATE: IN ZIP: 46515 BUSINESS PHONE: 5742946521 MAIL ADDRESS: STREET 1: P O BOX 743 CITY: ELKHART STATE: IN ZIP: 46515 8-K 1 d590529d8k.htm 8-K 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) August 30, 2013

 

 

SKYLINE CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Indiana   1-4714   35-1038277

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

P. O. Box 743, 2520 By-Pass Road Elkhart, IN 46515

(Address of principal executive offices) (Zip Code)

(574) 294-6521

(Registrant’s telephone number, including area code)

 

 

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 Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 8.01 Other Events.

On August 9, 2013, Skyline Corporation (“Corporation”) received approval to have its Common Stock listed on the NYSE MKT market, and anticipates commencement of trading on September 5, 2013.

On April 10, 2013, the New York Stock Exchange (“NYSE”) notified the Corporation that it had fallen below the NYSE’s continued listing standards. The Corporation is considered below criteria established by the NYSE due to the Corporation’s average market capitalization being less than $50 million over a consecutive 30 day trading-day period, and its last reported shareholder’s equity being less than $50 million.

In accordance with NYSE procedures, the Corporation submitted a business plan to the NYSE demonstrating how it intends to regain compliance with the listing standards within 18 months (“plan period”). On June 27, 2013, NYSE notified the Corporation that the business plan was accepted, and that it would be subject to quarterly reviews during the plan period for compliance with the goals and initiatives outlined in the plan.

In connection with submission of the business plan, the Corporation’s management also evaluated NYSE’s MKT market. Management determined that transferring the Corporation’s Common Stock to the NYSE MKT market would be beneficial for the Corporation because it would receive substantially the same service at a lower cost. A copy of a news release is attached to this Current Report as Exhibit 99.1.

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

 

99.1    News release of Skyline Corporation dated August 30, 2013

SIGNATURE

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

 

          SKYLINE CORPORATION
Date: August 30, 2013     By:  

/s/ Jon S. Pilarski

      Jon S. Pilarski
      Chief Financial Officer


Index to Exhibits

 

99.1    News release of Skyline Corporation dated August 30, 2013
EX-99.1 2 d590529dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

 

LOGO    NEWS RELEASE

Skyline Corporation

2520 By-Pass Road

P.O. Box 743

Elkhart, Indiana 46515-0743

(574) 294-6521

 

Subject:     TRANSFER TO NYSE MKT LLC    Approved by:     JON S. PILARSKI

 

 

ELKHART, INDIANA — AUGUST 30, 2013

SKYLINE REPORTS TRANSFER OF STOCK LISTING TO NYSE MKT LLC

On August 9, 2013, Skyline Corporation (“Corporation”) received approval to have its Common Stock listed on the NYSE MKT market, and anticipates commencement of trading on September 5, 2013.

On April 10, 2013, the New York Stock Exchange (“NYSE”) notified the Corporation that it had fallen below the NYSE’s continued listing standards. The Corporation is considered below criteria established by the NYSE due to the Corporation’s average market capitalization being less than $50 million over a consecutive 30 day trading-day period, and its last reported shareholder’s equity being less than $50 million.

In accordance with NYSE procedures, the Corporation submitted a business plan to the NYSE demonstrating how it intends to regain compliance with the listing standards within 18 months (“plan period”). On June 27, 2013, NYSE notified the Corporation that the business plan was accepted, and that it would be subject to quarterly reviews during the plan period for compliance with the goals and initiatives outlined in the plan.

In connection with submission of the business plan, the Corporation’s management also evaluated NYSE’s MKT market. Management determined that transferring the Corporation’s Common Stock to the NYSE MKT market would be beneficial for the Corporation because it would receive substantially the same service at a lower cost.

 

BRINGING AMERICA HOME. BRINGING AMERICA FUN.

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