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: November 15, 2005
(Date of earliest event reported)
CRITICAL PATH, INC.
(Exact name of registrant as specified in its charter)
| | | | |
| California | | 0-25331 | | 94-1788300 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
2 Harrison Street, 2nd Floor, San Francisco, California 94105
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (415) 541-2500
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations 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
On November 15, 2005, Critical Path (the “company”) received a letter from the Nasdaq Stock Market (“Nasdaq”) that the Nasdaq Listing Qualifications Panel (the “Panel”) had determined to delist the common stock of the company from The Nasdaq National Market. The decision follows a hearing before the panel on October 6, 2005. The Panel determined to delist the company’s common stock due to its failure to comply with Nasdaq Marketplace Rule 4450(b)(4) regarding minimum bid price, and Nasdaq Marketplace Rule 4450(b)(3) regarding minimum market value of publicly held shares.
Nasdaq will delist the company’s common stock from The Nasdaq National Market effective Thursday, November 17, 2005. The company’s common stock will thereafter be quoted on the over the counter market.
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 16, 2005
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| CRITICAL PATH, INC. |
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| By: | | /s/ Michael J. Zukerman
|
| | | Michael J. Zukerman |
| | | Executive Vice President, General Counsel and Secretary |
