8-KThe Red FlagsRed Alert
Delisting Notice
Filed Nov 13, 2015 · 10y ago · Accession 0000105418-15-000039
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗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): November 12, 2015
WEIS MARKETS,
INC .
(Exact name of registrant as specified in its
charter)
Pennsylvania (State or other jurisdiction
of incorporation)
1-5039
(Commission File Number)
24-0755415 (IRS Employer Identification
No.)
1000 South Second Street
Sunbury, PA (Address of principal
executive offices)
17801 (Zip Code)
Registrant's telephone number,
including area code: (570) 286-4571
N/A
(Former name or former address, 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:
[ ] Written communications
pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
[ ] Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
[ ] 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.
On
November 12, 2015, Weis Markets, Inc. (the "Company")
received a notice from the New York Stock Exchange (the
"NYSE") indicating that the Company is not in compliance
with the NYSE's continued listing requirements under the
timely filing criteria established in Section 802.01E of
the NYSE Listed Company Manual as a result of its failure
to timely file its Quarterly Report on Form 10-Q for the
fiscal quarter ended September 26, 2015.
As
reported by the Company in its Form 12b-25 filed with the
Securities and Exchange Commission (the "SEC") on
November 5, 2015, the Company was unable to file the Form
10-Q by its original deadline without unreasonable effort or expense due to unexpected
delays involved in the compiling of the Company's
financial information to produce final financial
statements and related supporting documentation.
The Company requires additional
time to complete a review and analysis of certain
potential adjustments to its historical financial
statements related to self-insurance reserves.
The
NYSE informed the Company that, under the NYSE's rules,
the Company will have six months from the original due
date to file the Form 10-Q with the SEC. The Company can
regain compliance with the NYSE listing standards at any
time before that date by filing the Form 10-Q with the
SEC. If
the Company fails to file the Form 10-Q before the NYSE's
compliance deadline, the NYSE may grant, at its
discretion, an extension of up to six additional months
for the Company to regain compliance, depending on the
specific circumstances. The letter from the NYSE also
notes that the NYSE may nevertheless commence delisting proceedings at any time if it
deems that the circumstances warrant.
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.
WEIS MARKETS,
INC.
By: /s/Scott F.
Frost
Name: Scott F.
Frost
Title: Senior Vice
President, Chief Financial Officer
and
Treasurer
(Principal
Financial Officer)
Dated: November
13 , 2015
Filing details
- Company
- WEIS MARKETS INC
- Ticker
- WMK
- CIK
- 105418
- Form type
- 8-K
- Filing date
- Nov 13, 2015
- Report date
- Nov 12, 2015
- Document
- wmk8k11132015.htm
- Size
- 12 KB