altair_8k-122209.htm
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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): December 22,
2009
Altair Nanotechnologies
Inc.
|
(Exact
Name of Registrant as Specified in its
Charter)
|
Canada
|
|
1-12497
|
|
33-1084375
|
(State
or other jurisdiction of
|
|
(Commission
|
|
(IRS
Employer
|
incorporation
or organization)
|
|
File
Number)
|
|
Identification
No.)
|
204
Edison Way
|
|
|
Reno, NV
|
|
89502
|
(Address
of Principal Executive Offices)
|
|
(Zip
Code)
|
Registrant's
Telephone Number, Including Area Code:
|
(801)
858-3750
|
N/A
|
(Former
name, former address, and formal fiscal year, if changed since last
report)
|
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):
|
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)
|
TABLE OF
CONTENTS
Item
3.01
|
Notice
of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;
Transfer of Listing
|
SIGNATURES
EXHIBIT
INDEX
EX.
99.1:
|
Press
release entitled “Altairnano Receives Notice of Bid Price
Deficiency”
|
Item
3.01
|
Notice
of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;
Transfer of Listing
|
On
December 22, 2009, Altair Nanotechnologies Inc. (the "Company") received a
letter from The Nasdaq Stock Market (“Nasdaq”) indicating that the bid price of
the Company’s common stock for the last thirty consecutive business days had
closed below the minimum $1.00 per share required for continued listing under
Nasdaq Marketplace Rule 5550(a)(2). This notification has no effect on the
listing of our common stock at this time.
Nasdaq
stated in its letter that, in accordance with Marketplace Rule 5810(c)(3)(A),
the Company has been provided an initial period of 180 calendar days, or until
June 21, 2010, to regain compliance with the minimum bid requirement. The letter
also states that if at any time before June 21, 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, the Nasdaq staff will provide written notification
that the Company has achieved compliance with the minimum bid requirement. At
the close of the grace period, if the Company has not regained compliance, it
may be eligible for an additional grace period of 180 days, if it meets the
initial listing standards, with the exception of bid price, for the NASDAQ
Capital Market. If it is not eligible for an additional grace period, the
Company will receive notification that its securities are subject to delisting,
and it may then appeal the delisting determination to a Hearings
Panel.
The
Company intends to maintain the listing of our common stock on
Nasdaq. The Company will initially monitor the bid price of its
common stock and will consider available options if the common stock does not
trade at a level likely to result in compliance with Nasdaq’s minimum bid price
requirement by June 21, 2010.
Item
9.01
|
Financial
Statements and Exhibits.
|
(d) Exhibits.
|
99.1
|
Press
release entitled “Altairnano Receives Notice of Bid Price
Deficiency”.
|
SIGNATURES
Pursuant to the requirements of the
Securities Exchange of 1934, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
|
Altair
Nanotechnologies Inc. |
|
|
|
|
|
Dated: December
24, 2009
|
By:
|
/s/
/John Fallini |
|
|
|
John
Fallini, Chief Financial Officer |
|
|
|
|
|
|
|
|
|