- Current report filing (8-K)

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

 

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FORM 8-K

 

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CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): October 24, 2012

 

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HKN, INC.

(Exact Name of registrant as specified in its charter)

 

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Delaware		1-10262		95-2841597
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

 

180 State Street, Suite 200 Southlake, Texas		76092
(Address of Principal Executive Offices)		(Zip Code)

 

Registrant’s telephone number, including area code:  [phone]

 

Former Name or Former Address, if Changed Since Last Report:  Not applicable

 

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:

 

o             Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o             Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o             Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o             Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

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Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

On October 24, 2012, our board of directors approved moving the listing of our stock from the NYSE MKT to the OTC Markets’ OTCQB marketplace.  The decision was prompted by the expressed concern of the NYSE MKT that the proposed 1-for 40 reverse split of our common stock, anticipated to become effective on October 30, 2012, would result in our failing to meet the public float requirement for continued listing of our common stock on the NYSE MKT.

 

On October 26, 2012, we issued a press release announcing the move to the OTCQB and that our common stock would commence trading on the OTCQB on or about October 31, 2012.

 

Item 9.01 Financial Statements and Exhibits.

 

(d)                                  Exhibits.

 

Exhibit 99.1—Press release dated October 26, 2012

 

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 hereunto duly authorized.

 

 

Dated:    October 26, 2012	HKN, Inc.
	By:	/s/ Sarah B. Gasch
		Sarah B. Gasch
		Executive Vice President and CFO

 

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