-----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, Tg0rRyzoIxwe6a4ENRO7G4ey2xTw72swkguN1k1ZPgqpChUJj9PaL0WjJYnRUp/7 p8wIenZho8YOIn86os8q4g== 0000911420-98-000033.txt : 19981029 0000911420-98-000033.hdr.sgml : 19981029 ACCESSION NUMBER: 0000911420-98-000033 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19981013 ITEM INFORMATION: FILED AS OF DATE: 19981028 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUPER VISION INTERNATIONAL INC CENTRAL INDEX KEY: 0000917523 STANDARD INDUSTRIAL CLASSIFICATION: DRAWING AND INSULATING NONFERROUS WIRE [3357] IRS NUMBER: 593046866 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-23590 FILM NUMBER: 98732254 BUSINESS ADDRESS: STREET 1: 8210 PRESIDENTS DRIVE CITY: ORLANDO STATE: FL ZIP: 32809 BUSINESS PHONE: 4078579900 MAIL ADDRESS: STREET 1: 8210 PRESIDENTS DRIVE CITY: ORLANDO STATE: FL ZIP: 32809 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: October 13, 1998 (Date of earliest event reported) ________________________________ SUPER VISION INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) ________________________________ Delaware 0-23590 59-3046866 (State or other (Commission File (IRS Employer jurisdiction of Number) Identification No.) incorporation or organization) 8210 Presidents Drive Orlando, Florida 32809 (Address of principal executive offices, zip code) (407) 857-9900 (Registrant's telephone number, including area code) ITEM 5. OTHER EVENTS. On October 13, 1998, the Company was informed for the second time this year by Nasdaq that the Company's public warrants (SUPVZ) (the "Public Warrants") would be delisted from the Nasdaq SmallCap Market effective at the close of business November 13, 1998 for failure to maintain two active market makers. The Company has until this date to obtain two active market makers for the Public Warrants for ten consecutive trading days. An active market maker is one who is registered to trade a security and maintains a continuous, two-side quotation. However, if the Company is not successful in having a minimum of two investment banking firms become market makers for its Public Warrants, then as of November 13, 1998, the Company's Public Warrants will be delisted from Nasdaq, and will no longer be traded on any public exchange or quotation system. The delisting will not effect the term or exerciseability of the Public Warrants. In order to be relisted on the Nasdaq SmallCap Market, it will be necessary for the Company to re-apply for initial listing of its Public Warrants once it determines that it can meet the initial listing requirements. The initial listing criteria, insofar as they would be applicable to the Company, require, generally, net tangible assets of $4,000,000, a public float of 1,000,000 shares, a market value of the public float of not less than $5,000,000, and some minimum bid price for the Public Warrants. Once a company is accepted for relisting on the Nasdaq SmallCap Market, it will be required to maintain, among other requirements, net tangible assets of $2,000,000, a public float of 500,000 shares and a market value of the public float of not less than $1,000,000. The Company is not certain when it will be able to meet the initial listing requirements for its Public Warrants. There is no assurance that the Company will be successful in meeting the requirements for relisting its Public Warrants on the Nasdaq SmallCap Market. SIGNATURES Pursuant to the requirement 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. SUPER VISION INTERNATIONAL, INC. (Registrant) Date: October 26, 1998 By:/s/John P. Stanney John P. Stanney President & Chief Financial Officer -----END PRIVACY-ENHANCED MESSAGE-----