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EX-99.1 - EXHIBIT 99.1 - China Shengda Packaging Group Inc. | exhibit99-1.htm |
UNITED STATES
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 2, 2012 (October 30, 2012)
CHINA SHENGDA PACKAGING GROUP INC.
(Exact name of registrant as specified in its charter)
Nevada | 001-34997 | 26-1559574 |
(State or other jurisdiction of | (Commission File Number) | (IRS Employer Identification No.) |
incorporation or organization) |
No. 2 Beitang Road
Xiaoshan Economic and
Technological Development Zone
Hangzhou, Zhejiang Province 311215
People's Republic of China
(Address of principal executive
offices)
(86) 571-82838805
(Registrant's telephone
number, including area code)
_______________________________________________
(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 8.01 Other Events.
On October 30, 2012, China Shengda Packaging Group Inc. (the Company) received a notice (the Notice) from The Nasdaq Stock Market (NASDAQ) notifying the Company that its common stock had regained compliance with NASDAQ Listing Rule 5450(a)(1), relating to the requirement to maintain a closing bid price of $1.00 (the Minimum Bid Price Rule). The Notice indicated that NASDAQ determined that the closing bid price of the Companys common stock had been at $1.00 per share or greater for ten consecutive business days, from October 15, 2012 to October 26, 2012. As previously disclosed, on May 7, 2012, the Company received a letter from NASDAQ notifying it of its failure to comply with the Minimum Bid Price Rule. The Notice indicated that this matter is now closed.
The Company issued a press release on November 2, 2012, announcing that it regained compliance with the Bid Price Rule. A copy of the press release is attached as exhibit 99.1 and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibit No. | Description |
99.1 | Press Release, dated November 2, 2012 |
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.
Dated: November 2, 2012
CHINA SHENGDA PACKAGING GROUP INC.
/s/ Daliang
Teng
Daliang Teng
Chief Executive Officer
(Principal Executive
Officer)