UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): June 1, 2009
TRC COMPANIES, INC.
(Exact name of registrant as specified in its charter)
Delaware | | 1-9947 | | 06-0853807 |
(State or other jurisdiction
of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
21 Griffin Road North, Windsor, Connecticut 06095 |
(Address of Principal Executive Offices) (Zip Code) |
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(860) 298-9692 |
(Registrant’s telephone number, including area code) |
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(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 June 1, 2009, we were informed by the NYSE that we were in compliance with NYSE listing standards. Previously on August 14, 2008, the Company was notified by the New York Stock Exchange (the “NYSE”) that it is not in compliance with the NYSE’s continued listing standards, as its market capitalization was less than $75 million over a 30 trading-day period, and its shareholders’ equity was less than $75 million. Under applicable NYSE procedures, we submitted a plan to the NYSE to demonstrate our ability to achieve compliance with the continued listing standards within 18 months and have been submitting quarterly updates to the NYSE. The SEC has approved an NYSE pilot program whereby the applicable standards were reduced to $50 million. As of June 2, 2009, our market capitalization was $79.7 million.
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: June 2, 2009 | | | TRC Companies, Inc. |
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| | | By: | /s/ Thomas W. Bennet, Jr. |
| | | | Thomas W. Bennet, Jr. |
| | | | Senior Vice President and |
| | | | Chief Financial Officer |
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