UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) August 18, 2011
AnchorBanCorp Wisconsin Inc.
(Exact name of registrant as specified in its charter)
Wisconsin (State or other jurisdiction of incorporation) |
001-34955 (Commission File Number) |
39-1726871 (IRS Employer Identification No.) |
25 West Main Street, Madison, Wisconsin (Address of principal executive offices) |
53703 (Zip Code) |
Registrants
telephone number, including area code: 800-252-6246
(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:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
o | 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 August 18, 2011, Anchor BanCorp Wisconsin Inc. (the Company) received a letter from The Nasdaq
Stock Market (Nasdaq) stating that for the last 30 consecutive business days, the Companys
market value of publicly held shares was below the minimum $15,000,000 requirement for continued
inclusion on The Nasdaq Global Market under Listing Rule 5450(b)(3)(C) (the Rule). This
notification has no immediate effect on the listing of the Companys common stock.
In accordance with Nasdaq Listing Rule 5810(c)(3)(D), the Company has 180 calendar days, or until
February 14, 2012, to regain compliance with the Rule. The Company will regain compliance if, at
any time before February 14, 2012, the Companys market value of publicly held shares is
$15,000,000 or more for a minimum of 10 consecutive business days.
If the Company does not regain compliance with the Rule by February 14, 2012, Nasdaq will provide
the Company with written notification that the Companys common stock will be delisted from The
Nasdaq Global Market. At that time, the Company may appeal the delisting determination to a Nasdaq
Listings Qualifications Panel (a Panel). In that event, the Company would likely request a
hearing before a Panel, which would automatically stay the delisting of the Companys common stock
pending the issuance of the Panels decision after the hearing. The Company plans to exercise
diligent efforts to maintain the listing of its common stock on The Nasdaq Global Market, but there
can be no assurance that it will be successful in doing so.
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.
Anchor BanCorp Wisconsin, Inc. |
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Date: August 19, 2011 | By: | /s/ Mark D. Timmerman | ||
Executive Vice President, | ||||
Secretary and General Counsel | ||||