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

   JULY 27, 2011

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   (Date of Report)

    ALANCO TECHNOLOGIES, INC.

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      (Exact name of Registrant as specified in its charter)

   0-9437

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   (Commission File No.)

ARIZONA                        86-0220694

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        (State or other jurisdiction)    (IRS Employer Identification No.)

             15575 N 83RD WAY, SUITE 3, SCOTTSDALE, ARIZONA  85260

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            (Address of Principal Executive Office)       (Zip Code)

               (480) 607-1010

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              (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 (see General Instruction A.2. below):

(  ) Written communication 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 the

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

Item 3.01                                Notice of Delisting

The Company received notice from The Nasdaq Stock Market that the Company’s appeal to the Nasdaq Hearing Panel has been denied.

A copy of the related press release is attached hereto as Exhibit 99.1.

Item 9.01                                Financial Statements and Exhibits

Exhibit 99.1 Press Release dated July 25, 2011 titled “Alanco Announces NASDAQ Ruling”.

                                           ALANCO TECHNOLOGIES, INC.

Date: July 27, 2011                      By: /s/John A Carlson

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                                          Chief Financial Officer

EX-99.1

EXHIBIT 99.1

FOR IMMEDIATE RELEASE

CONTACTS:

John Carlson, Alanco Technologies, Inc., 480-505-4866

Ira Weingarten, Equity Communications, 805-897-1880

Alanco Announces NASDAQ Ruling

(Scottsdale, AZ – July 25, 2011) – Alanco Technologies, Inc. (NASDAQ: ALAN) announced today that it has received a ruling from The NASDAQ Stock Market that the

Company’s appeal to the NASDAQ Listing Qualifications Panel (the “Panel”) has been denied and that trading in the Company’s stock will be suspended on The NASDAQ

Stock Market at the open of business on Tuesday, July 26, 2011.  The Company expects its common stock to be traded on the OTC Bulletin Board (OTCBB), and on the

OTCQB™ Market, with quotes available on www.OTCBB.com and www.OTCMarkets.com, respectively.

The trading suspension is based upon NASDAQ Listing Rule 5101, which grants “broad discretionary authority to deny continued listing of the Company’s stock in order

to maintain the public’s confidence in The NASDAQ Stock Market.”  The NASDAQ staff determined that upon the sale of its StarTrak Systems subsidiary, on May 16, 2011,

Alanco had become a non-operating entity or shell company under NASDAQ policy.  Notwithstanding the fact that the Company had announced a definitive merger

agreement with YuuZoo Corporation on June 29, 2011, the Panel decided not to grant the Company’s request for continued listing pending the completion of the merger.

Alanco plans to appeal the Panel’s decision to the NASDAQ Listing and Hearing Review Council; however, there can be no assurance as to the outcome of the appeal.

Despite the adverse NASDAQ ruling, Alanco and YuuZoo intend to move forward to complete their merger subject to the completion of ongoing due diligence,

and respective shareholder approval.  Following closing of the merger transaction, anticipated by late October, 2011, the combined company, which is expected to comply

with NASDAQ’s initial listing requirements, intends to seek re-listing on The NASDAQ Stock Market regardless of the outcome of the planned appeal.  Accordingly,

an initial listing application has already been filed with NASDAQ.

EXCEPT FOR HISTORICAL INFORMATION, THE STATEMENTS CONTAINED IN THIS PRESS RELEASE ARE FORWARD-LOOKING STATEMENTS MADE

 PURSUANT TO THE SAFE HARBOR PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995.  ALL SUCH FORWARD-LOOKING

 STATEMENTS ARE SUBJECT TO, AND ARE QUALIFIED BY, RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY

 FROM THOSE EXPRESSED OR IMPLIED BY THOSE STATEMENTS.  THESE RISKS AND UNCERTAINTIES INCLUDE, BUT ARE NOT LIMITED TO, REDUCED

DEMAND FOR OUR PRODUCTS; COMPETITIVE PRICING AND DIFFICULTY MANAGING PRODUCT COSTS; DEVELOPMENT OF NEW TECHNOLOGIES; RAPID

 INDUSTRY CHANGES; FAILURE OF AN ACQUIRED BUSINESS TO FURTHER THE COMPANY’S STRATEGIES; THE ABILITY TO MAINTAIN SATISFACTORY

 RELATIONSHIPS WITH LENDERS AND REMAIN IN COMPLIANCE WITH FINANCIAL COVENANTS AND OTHER REQUIREMENTS UNDER CURRENT BANKING

 AGREEMENTS.  THE COMPANY’S RISKS INCLUDE BUT ARE NOT LIMITED TO COSTS RELATED TO THE PROPOSED TRANSACTION; FAILURE TO OBTAIN THE

 REQUIRED APPROVAL OF THE ALANCO SHAREHOLDERS; RISKS THAT THE CLOSING OF THE TRANSACTION IS SUBSTANTIALLY DELAYED OR THAT THE

 TRANSACTION DOES NOT CLOSE; AND MARKET RISK ASSOCIATED WITH HOLDING THE ORBCOMM STOCK.

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