-----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, MY6tfY5Q79HAzKCEKjhkFzZf77963Ew4n18R2DFUyouK9nHGBzPzHfdLPdSQbfV9 QYn9+H41jKvcYLw6TcUpNA== 0000912057-01-008014.txt : 20010326 0000912057-01-008014.hdr.sgml : 20010326 ACCESSION NUMBER: 0000912057-01-008014 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000321 ITEM INFORMATION: FILED AS OF DATE: 20010323 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EDUCATIONAL INSIGHTS INC CENTRAL INDEX KEY: 0000919570 STANDARD INDUSTRIAL CLASSIFICATION: GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944] IRS NUMBER: 952392545 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-23606 FILM NUMBER: 1577673 BUSINESS ADDRESS: STREET 1: 16941 KEEGAN AVENUE CITY: CARSON STATE: CA ZIP: 90746 BUSINESS PHONE: 3108842000 MAIL ADDRESS: STREET 1: 16941 KEEGAN AVENUE CITY: CARSON STATE: CA ZIP: 90746 8-K 1 a2042789z8-k.txt 8-K ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 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): March 21, 2001 EDUCATIONAL INSIGHTS, INC. (Exact name of registrant as specified in its charter) CALIFORNIA (State or other jurisdiction of incorporation or organization) 0-23606 95-2392545 (Commission File Number ) (I.R.S. Employer Identification No.) 16941 Keegan Avenue Carson, CA 90746 (Address of principal executive offices) Registrant's telephone number, including area code: (310) 884-2000 Total number of sequential pages: 2 ITEM 5. OTHER EVENTS See the following press release, dated March 21, 2001, announcing the prospective delisting of the Company's common stock from Nasdaq. FOR IMMEDIATE RELEASE CONTACT: Stephen E. Billis Chief Financial Officer (310) 884-2000 EDUCATIONAL INSIGHTS ANNOUNCES PROSPECTIVE DELISTING Carson, CA - March 21, 2001 - Educational Insights, Inc. (NASDAQ: EDIN) having received notice of potential delisting of its common stock by Nasdaq, announced today that it will not pursue its right of appeal to a Nasdaq Listing Qualifications Panel regarding its potential delisting. The Nasdaq listing requirements include a rule requiring that a listed company's stock price be a minimum of $1.00 per share. As the Company's stock price has been below that level since November 17, 2000, it has been in violation of this rule. Based on the current trading activity, it is likely that the Company will not meet the minimum stock price threshold prior to the April 5, 2001 deadline set by Nasdaq. As a result the Company's common stock will likely cease being traded on Nasdaq after that date but the Company anticipates that it's common stock will be eligible to be traded on the Bulletin Board and the so-called pink sheets. Educational Insights, Inc. designs, develops and markets a variety of educational products, including electronic learning aids, electronic games, activity books, science kits, board games and other materials for use in both schools and homes. The Company's product line, including its most popular product, GeoSafari, appeals to children as well as students ranging from pre-kindergarten to adult and is designed to make learning fun. 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 thereunto duly authorized. EDUCATIONAL INSIGHTS, INC. (Registrant) Date: March 23, 2001 By: /s/ STEPHEN E. BILLIS --------------------------------- Stephen E. Billis Vice President, Chief Financial Officer and Secretary -----END PRIVACY-ENHANCED MESSAGE-----