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): April 19, 2010
P & F INDUSTRIES, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware |
| 1-5332 |
| 22-1657413 |
(State or Other Jurisdiction |
| (Commission File No.) |
| (IRS Employer |
of Incorporation) |
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| Identification Number) |
445 Broadhollow Road, Suite 100, Melville, New York 11747
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: (631) 694-9800
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 (17CFR 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 April 19, 2010, P&F Industries Inc. (the “Registrant”) received a letter from The NASDAQ Stock Market (“NASDAQ”) stating that the Registrant no longer complies with NASDAQ Marketplace Rule 5250(c)(1) because the Registrant has not yet filed its Annual Report on Form 10-K (“Form 10-K”) for the year ended December 31, 2009. The letter was issued by NASDAQ under NASDAQ Listing Rule 5810(b) for the Registrant’s failure to comply with NASDAQ Listing Rule 5250(c)(1). The Registrant has 60 calendar days to submit to NASDAQ a plan (the “Plan”) to regain compliance with the NASDAQ Listing Rules. The Registrant intends to file its Form 10-K as soon as possible and before the Plan has to be submitted to regain compliance.
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.
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| P & F INDUSTRIES, INC. | |
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Date: April 23, 2010 |
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| By: | /s/ Joseph A. Molino, Jr. |
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| Joseph A. Molino, Jr. |
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| Vice President, |
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| Chief Operating Officer and |
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| Chief Financial Officer |