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): October 2, 1998
SCIENCE DYNAMICS CORPORATION
(Exact name of registrant as specified in charter)
Delaware 0-10690 22-2011859
(State or other (Commission (IRS Employer
jurisdiction File Number) Identification No.)
of incorporation)
1919 Springdale Road
Cherry Hill, New Jersey 08003
(Address of principal executive offices)
Registrant's telephone number, including area code(609) 424-0068
FORM 8-K
ITEM 5. OTHER EVENTS.
As of October 2, 1998, the Company's securities were subject to delisting on
the NASDAQ SmallCap Market because the Company's common stock failed to
maintain a closing bid price greater than or equal to $1.00, a condition of
continued NASDAQ listing under Marketplace Rule 4310(c)(04).
The Company has requested a hearing which has stayed the delisting, and is
currently reviewing its options to bring it into compliance with such rule.
Should the Company's common stock be delisted from the NASDAQ SmallCap
Market, it would continue to be quoted on the OTC Bulletin Board.
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.
SCIENCE DYNAMICS CORPORATION
/s/ Lyndon A. Keele
-------------------------------
By: Lyndon A. Keele,
Chairman of the
Board of Directors
Dated: October 8, 1998