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) September 13, 2002
RTW, Inc.
(Exact name of registrant as specified in its charter)
Minnesota
(State or other jurisdiction of incorporation)
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| 0-25508 | | 41-1440870 |
| (Commission File Number) | | (IRS Employer Identification No.) |
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8500 Normandale Lake Blvd., Suite 1400
Bloomington, MN
(Address of principal executive offices) | | 55437
(Zip Code) |
Registrant’s telephone number, including area code 952-893-0403
Item 5. Notification from Nasdaq on Minimum Bid Price Threshold
In a letter dated September 13, 2002, Nasdaq notified RTW, Inc. (RTW) that its stock had closed below the minimum $1.00 per share requirement for continued listing on the Nasdaq National Market. Accordingly, RTW has been provided 90 calendar days or until December 12, 2002 to regain compliance. In order to achieve compliance, the bid price of RTW’s common stock must close at $1.00 per share or more for a minimum of ten consecutive trading days. The Company is considering its options to remedy the minimum bid price requirement including a reverse stock split.
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.
RTW, Inc.
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| Dated: September 19, 2002 | By | /s/ J. Alexander Fjelstad III |
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|
| | | J. Alexander Fjelstad III
Chief Executive Officer
(Principal Executive Officer) |
