Attached files
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EX-99.1 - EX-99.1 - CUBIC ENERGY INC | a13-16651_1ex99d1.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): July 10, 2013
CUBIC ENERGY, INC.
(Exact name of registrant as specified in its charter)
Texas |
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001-34144 |
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87-0352095 |
(State or other jurisdiction |
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(Commission |
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(IRS Employer |
of incorporation) |
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File Number) |
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Identification No.) |
9870 Plano Road Dallas, Texas |
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75238 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code: (972) 686-0369
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:
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.
As previously disclosed, Cubic Energy, Inc. (the Company) was notified by NYSE MKT, LLC (the Exchange) staff (the Staff) that it was not in compliance with certain of the Exchanges continued listing standards as set forth in the Exchanges Company Guide. Specifically, the Company was advised that it was not in compliance with Sections 1003(a)(i)-(iv) of the Company Guide.
The Company submitted a plan of compliance advising the Exchange of actions it had taken, or intended to take, to regain compliance with the continued listing standards (the Plan). Based on the Plan, the Exchange deferred further action pending a review of the Companys operations through May, 31, 2013. The Staff completed this review on June 26, 2013. On July 10, 2013, the Company received written notification from the Staff (the Staff Determination) stating that the Companys Common Stock is subject to delisting from the Exchange.
The Company does not anticipate requesting an appeal of the Staff Determination, and trading in the Companys Common Stock on the Exchange will be discontinued effective at the opening of trading on July 17, 2013. The Company intends to remain current in its reporting obligations with the Securities and Exchange Commission, and it expects that the Common Stock will be quoted and traded on the OTCQB Marketplace on Wednesday, July 17, 2013 under a new four-character symbol that the Company will announce prior to the opening of trading. The OTCQB is a market tier operated by the US OTC Markets.
On July 15, 2013, the Company issued a press release announcing the foregoing. The full text of the press release is set forth in Exhibit 99.1 attached hereto and it is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. |
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Description of Exhibit |
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99.1 |
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Press Release dated July 15, 2013 |