UNITED
STATES
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 Report (Date of earliest event reported) March 8, 2010
U.S.
CONCRETE, INC.
(Exact
name of registrant as specified in its charter)
Delaware
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000-26025
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76-0586680
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(State
or other jurisdiction
of
incorporation)
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(Commission
File Number)
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(IRS
Employer
Identification
No.)
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2925
Briarpark, Suite 1050, Houston, Texas 77042
(Address
of principal executive offices) (Zip Code)
Registrant’s
telephone number, including area code (713) 499-6200
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
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
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o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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o
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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 March
8, 2010, U.S. Concrete, Inc. (the “Company”) received a letter from The Nasdaq
Stock Market (“Nasdaq”) indicating that the bid price of its common stock for
the last 30 consecutive business days had closed below the minimum $1.00 per
share required for continued listing under Nasdaq Marketplace Rule 5450(a)(1).
Pursuant to Nasdaq Marketplace Rule 5810(c)(3)(A), the Company has been provided
an initial period of 180 calendar days, or until September 7, 2010, to regain
compliance. The letter states the Nasdaq staff will provide written notification
that the Company has achieved compliance with Rule 5450(a)(1) if at any time
before September 7, 2010, the bid price of the Company’s common stock closes at
$1.00 per share or more for a minimum of 10 consecutive business
days.
In the
event the Company cannot demonstrate compliance with Rule 5450(a)(1) by
September 7, 2010, the Nasdaq staff will send the Company written notification
that its securities are subject to delisting. At that time, the Company may
appeal the delisting determination to a hearings panel. Alternatively, the
Company may be eligible for an additional grace period if it meets the initial
listing standards, with the exception of bid price, for The Nasdaq Capital
Market.
Item
8.01 Other Events.
On March
8, 2010, the Company issued a press release announcing the receipt of a notice
from Nasdaq relating to a deficiency with respect to the continued listing
requirements of The Nasdaq Global Market. Please see Item 3.01. A copy of
the press release is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and
Exhibits.
(c)
Exhibits
Exhibit No.
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Exhibit
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99.1
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Press
Release of U.S. Concrete Inc., dated as of March 8,
2010.
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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.
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U.S.
CONCRETE, INC.
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Date:
March 8, 2010
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By:
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/s/ Robert D. Hardy
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Name:
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Robert
D. Hardy
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Title:
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Executive
Vice President and
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Chief
Financial Officer
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Exhibit
Index
Exhibit No.
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Exhibit
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99.1
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Press
Release of U.S. Concrete Inc., dated as of March 8,
2010.
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