-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, AY2HSkcFE3MqzOBPsZ+KGRZ67KHk6H6cqMPJJwIFjoT02pTUMikWswPo7fv8p8tI qRFtPfA6Kx27VgVAsq+PoQ== 0001021771-10-000045.txt : 20100525 0001021771-10-000045.hdr.sgml : 20100525 20100525160950 ACCESSION NUMBER: 0001021771-10-000045 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100519 ITEM INFORMATION: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing ITEM INFORMATION: Other Events FILED AS OF DATE: 20100525 DATE AS OF CHANGE: 20100525 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HAUPPAUGE DIGITAL INC CENTRAL INDEX KEY: 0000930803 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 113227864 STATE OF INCORPORATION: DE FISCAL YEAR END: 1226 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13550 FILM NUMBER: 10857099 BUSINESS ADDRESS: STREET 1: 91 CABOT COURT CITY: HAUPPAUGE STATE: NY ZIP: 11788 BUSINESS PHONE: 5164341600 MAIL ADDRESS: STREET 1: 91 CABOT COURT CITY: HAUPPAUGE STATE: NY ZIP: 11788 8-K 1 f8k.htm FORM 8-K DATED MAY 19, 2010 HAUPPAUGE DIGITAL INC. f8k.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:  May 19, 2010
(Date of earliest event reported)
 
HAUPPAUGE DIGITAL INC.
(Exact Name of Registrant as Specified in Charter)
 
Delaware
1-13550
11-3227864
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)

91 Cabot Court, Hauppauge, New York  11788
(Address of Principal Executive Offices)   (Zip Code)
 
Registrant's telephone number, including area code: (631) 434-1600
 
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:
 
G
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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

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

G
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 or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

To the extent applicable to this Item, the information set forth under Item 8.01 is hereby incorporated herein by reference thereto.

Item 8.01.
Other Events.

 
On May 24, 2010, Hauppauge Digital Inc. (the “Company”) received written notification (the “May 24 Notice”) from The Nasdaq Stock Market (“Nasdaq”) that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1) (the “Rule”), which requires that the Company maintain a minimum closing bid price of $1.00 per share for continued listing on The Nasdaq Global Market.  The closing bid price of the Company’s common stock was at or above $1.00 per share for the ten consecutive business days ending on May 21, 2010.
 
As previously disclosed in a Current Report on Form 8-K filed with the Securities and Exchange Commission on November 23, 2009, on November 18, 2009 the Company received a notice from Nasdaq (the “November 18 Notice”) indicating that the Company was not in compliance with the $1.00 minimum closing bid price requirement for continued listing on The Nasdaq Global Market, as set forth in the Rule.  In accordance with Nasdaq Rule 5810(c)(3)(A), the Company was provided 180 calendar days, or until May 17, 2010, to regain compliance with the Rule.  In the November 18 Notice, Nasdaq indicated that, if at any time during this 180 calendar day period the minimum closing bid price was $1.00 or more per share for at least ten consecutive trading days, Nasdaq would provide confirmation that the Company had regained co mpliance with the Rule.  On May 19, 2010, Nasdaq notified the Company that it had not regained compliance with the Rule, and that as a result the Company’s securities would be delisted from The Nasdaq Global Market.  The May 24 Notice states that, as a result of the Company having satisfied the minimum closing bid price requirement for the ten consecutive business days ending on May 21, 2010, the Company has regained compliance with the Rule and that this matter is now closed.
 
 
 
 

SIGNATURES
 
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.
 
  HAUPPAUGE DIGITAL INC.  
       
Date:  May 25, 2010
By:
/s/ Gerald Tucciarone  
    Gerald Tucciarone  
    Chief Financial Officer  
       
 
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