Item 3.01.
Notice
of
Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer
of Listing;
On
June
27, 2008 Triple Crown Media, Inc. (Nasdaq: TCMI) received notification from
The
Nasdaq Stock Market that for the last 30 consecutive trading days TCMI’s common
stock has closed below the minimum $1.00 per share requirement for continued
inclusion under Marketplace Rule 4450(a)(5) (the “Rule”). TCMI will be provided
180 calendar days, or until December 24, 2008, to regain compliance. If, at
anytime before December 24, 2008, 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,
written notification will be sent stating that TCMI has achieved compliance
with
the Rule. If compliance with the Rule cannot be demonstrated by December 24,
2008, TCMI’s securities will be delisted from The Nasdaq Global
Market.
TCMI
has
issued a press release with respect to this notice, which is filed as Exhibit
99.1 hereto.
Item
9.01(d) Exhibit
Exhibit
99.1
Press
Release dated July 1, 2008
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 thereunto
duly authorized.
|
Triple
Crown Media, Inc.
|
||
| |
|
|
| Date: July 2, 2008 | By: | /s/ Mark G. Meikle |
| Name: Mark G. Meikle | ||
|
Title:
Executive Vice President and
Chief
Financial Officer
|
||