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): July 19, 2011

EDGAR Online, Inc.

(Exact Name of Registrant Specified in Charter)

 

Delaware   001-32194    06-1447017

(State or Other

Jurisdiction of

Incorporation)

 

(Commission File

Number)

  

(I.R.S. Employer

Identification No.)

11200 Rockville Pike

Rockville, MD

  

20852

(Address of Principal Executive Offices)    (Zip Code)
    
  

Registrant’s telephone number, including area code: (301) 287-0300

 

 

(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 (see General Instruction A.2. below):

 

  ¨ 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 July 19, 2011, EDGAR Online, Inc. (the “Company”) received a notice from The Nasdaq Stock Market stating that the Company is not in compliance with the minimum Market Value of Listed Securities (the “MVLS”) standard required for continued listing on The Nasdaq Capital Market by Nasdaq Marketplace Rule 5550(b)(2). The Company received this notice because the Company’s MVLS was less than $35 million for 30 consecutive business days prior to July 19, 2011. Receipt of this notice has no effect on the listing of the Company’s common stock at this time.

The notice states that the Company has 180 calendar days, or until January 17, 2012, to regain compliance with the MVLS standard. Specifically, if at any time before January 17, 2012, the Company’s MVLS closes at $35 million or more for a minimum of 10 consecutive business days, the Nasdaq staff will determine that the Company complies with the minimum standard for MVLS and the Company will be provided with written confirmation of compliance. The notice also states that if the Company cannot regain compliance with that standard by January 17, 2012, the Nasdaq staff will provide the Company with written notification that the Company’s common stock will be subject to delisting from The Nasdaq Capital Market, and, at such time, the Company may appeal the delisting determination to a Hearings Panel.

SIGNATURE

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.

 

EDGAR Online, Inc.
By:   /s/ David Price
  David Price
  Chief Operating Officer and Chief Financial Officer

Dated: July 22, 2011