-----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, QUZFxu400+FiC3SVz4Sq+2sotvOfZ1iS2TX/jCrAx6e8hF11iGIbRuKz54bZA9qi fcaSx7tC+p8N9UA6TtJTFA== 0000950134-02-002104.txt : 20020415 0000950134-02-002104.hdr.sgml : 20020415 ACCESSION NUMBER: 0000950134-02-002104 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020214 ITEM INFORMATION: Other events FILED AS OF DATE: 20020314 FILER: COMPANY DATA: COMPANY CONFORMED NAME: USDATA CORP CENTRAL INDEX KEY: 0000943895 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 752405152 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25936 FILM NUMBER: 02574885 BUSINESS ADDRESS: STREET 1: 2435 NORTH CENTRAL EXPRESSWAY CITY: RICHARDSON STATE: TX ZIP: 75080 BUSINESS PHONE: 9726809700 8-K 1 d95013e8-k.txt FORM 8-K 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 Earliest Event Reported: February 14, 2002 USDATA Corporation (Exact Name of Registrant as Specified in Its Charter) DELAWARE 000-25936 75-2405152 - ------------------------------- ----------------------- ------------------- (State or Other Jurisdiction of (Commission File Number) (I.R.S. Employer Incorporation or Organization) Identification No.)
2435 N. Central Expressway, Richardson, TX 75080 ------------------------------------------------ (Address of Principal Executive Offices) (Zip Code) Registrant's Telephone Number, Including Area Code: (972) 680-9700 ITEM 5. OTHER EVENTS USDATA Corporation (the "Company") has received a letter from The Nasdaq Stock Market, Inc. ("Nasdaq") notifying the Company that over the previous 30 consecutive trading days, its common stock has not maintained a minimum market value of publicly held shares ("MVPHS") of $5,000,000 as required for continued listing on The Nasdaq National Market under Marketplace Rule 4450(a)(2) (the "Rule"). In accordance with Nasdaq Marketplace Rule 4450(e)(1), the Company will be provided 90 calendar days, or until May 15, 2002, to regain compliance. If, at anytime before May 15, 2002, the MVPHS of the Company's common stock is $5,000,000 or greater for a minimum of 10 consecutive trading days, the Company will have achieved compliance with the Rule. There can be no assurance that the Company will be able to achieve compliance with the Rule. If the Company is unable to regain compliance with the Rule by May 15, 2002, the Company can either appeal Nasdaq's decision to a Nasdaq Listing Qualifications Panel or submit an application to transfer to The Nasdaq SmallCap Market. The initiation of the delisting proceedings will be stayed pending Nasdaq's review of the Company's appeal or the application to transfer its securities to the Nasdaq SmallCap Market. If the Company decides to appeal, there can be no assurance that the appeal will be successful, or in the alternative, if the Company decides to transfer to the SmallCap Market, there can be no assurance the Company will satisfy the requirements for listing on the Nasdaq SmallCap Market. 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, thereunto duly authorized. Dated: March 14, 2002 USDATA CORPORATION By: /s/ Robert A. Merry -------------------------------- Name: Robert A. Merry Title: President and Chief Executive Officer -----END PRIVACY-ENHANCED MESSAGE-----