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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Centric Brands (delisted) | NASDAQ:DFBG | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5.09 | 4.75 | 5.09 | 0 | 01:00:00 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549
FORM 8-K CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
|
Date of Report: September 15, 2009
(Date of earliest event reported)
Joe's Jeans Inc.
(Exact name of registrant as specified in its charter)
CA
(State or other jurisdiction
of incorporation)
0-18926
(Commission File Number)
11-2928178
(IRS Employer
Identification Number)
5901 S Eastern Ave
(Address of principal executive offices)
90040
(Zip Code)
323.837.3712
(Registrant's telephone number, including area code)
Not Applicable
(Former Name or Former Address, if changed since last report)
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Joe's Jeans Inc. (the "Company") received a letter from The Nasdaq Stock Market Inc. ("Nasdaq") on September 15, 2009, notifying it of its failure to maintain a minimum closing bid price of $1.00 over the then preceding 30 consecutive trading days for its common stock as required by Nasdaq Marketplace Rule 5550(a)(2) (the "Rule"). The letter stated that the Company had until March 15, 2010 to demonstrate compliance by maintaining a minimum closing bid price of at least $1.00 for a minimum of 10 consecutive trading days. The Nasdaq letter was issued in accordance with standard Nasdaq procedures. If the Company does not regain compliance with the Bid Price Rule by March 15, 2010, Nasdaq will determine whether the Company meets The Nasdaq Capital Market initial listing criteria except for the bid price requirement. If it meets the initial listing criteria, Nasdaq will notify the Company that it has been granted an additional 180 calendar day compliance period. If the Company is not eligible for an additional compliance period, Nasdaq will provide the Company with written notification that its common stock will be delisted. At that time, the Company may appeal Nasdaq's determination to delist its common stock to the Listings Qualifications Panel. A copy of the press release issued by the Company on September 16, 2009 announcing the receipt of this letter from Nasdaq is filed herewith as Exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(a) Financial statements:
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: September 16, 2009
|
JOE'S JEANS INC.
By:
/s/ Marc Crossman
|
|
|
Exhibit No. | Description |
99.1 | Press Release of Joe's Jeans Inc. dated September 16, 2009 |
1 Year Differential Brands Group Inc. Chart |
1 Month Differential Brands Group Inc. Chart |
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