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EVERYWARE GLOBAL, INC. FILES (8-K) Disclosing Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

June 25, 2014



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

On June 19, 2014, EveryWare Global, Inc. (the "Company"), received a deficiency notice from the NASDAQ Stock Market ("NASDAQ") stating that for the last 30 consecutive business days, the Company had not met the $15 million minimum market value of publicly held shares continued listing standard as required by Rule 5450(b)(2)(C) or Rule 5450(b)(3)(C). As provided in the NASDAQ rules, the Company has 180 calendar days, or until December 15, 2014, to regain compliance. To regain compliance, the market value of the Company's publicly held shares must be $15 million or more for a minimum of ten consecutive business days at any time prior to December 15, 2014.

The Company is evaluating whether to apply to transfer its common stock to the NASDAQ Capital Market. The Company's evaluation is ongoing and the Company cannot predict when it may conclude its evaluation or what decision it may reach with respect to transferring the listing of the Company's common stock. The ability to transfer to the NASDAQ Capital Market would be dependent upon the Company meeting the applicable listing requirements for that exchange. If the Company is eligible to, and decides to, transition to the NASDAQ Capital Market, the transition would not impact the Company's obligation to file periodic reports and other reports with the Securities and Exchange Commission under applicable federal securities laws. If the Company does not transfer its securities to the NASDAQ Capital Market or regain compliance with either Rule 5450(b)(2)(C) or Rule 5450(b)(3)(C) by December 15, 2014, the NASDAQ staff will issue a notice that its securities are subject to delisting. The Company then has the right to appeal the decision to a NASDAQ Listing Qualifications Panel.

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Source: Edgar Glimpses


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