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) October 6, 2008
Six Flags, Inc.
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(Exact Name of Registrant as Specified in Its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
1-13703 13-3995059
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(Commission File Number) (IRS Employer Identification No.)
1540 Broadway, 15th Floor
New York, New York 10036
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(Address of Principal Executive Offices) (Zip Code)
(212) 652-9403
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(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 (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; Transfer of Listing.
On October 6, 2008, Six Flags, Inc. (the "Company") was notified by the
New York Stock Exchange ("NYSE") that the Company is not in compliance with the
NYSE's continued listing criteria under Section 802.01C of the NYSE Listed
Company Manual because the average closing price of the Company's common stock
has been less than $1.00 for 30 consecutive trading days.
Under applicable NYSE rules, the Company must bring its share price and
average share price back above $1.00 within six months. If the trading average
does not sufficiently improve, the Company intends to consider all available
alternatives, including, among other things, a reverse stock split. If the
Company decides to cure the deficiency by seeking stockholder approval of a
reverse stock split, it must do so no later than the 2009 annual meeting, which
is scheduled for May 2009.
On October 2, 2008, the Company issued a press release announcing that it
was not in compliance with the continued listing standards relating to minimum
share price. A copy of the press release issued by the Company is included as an
exhibit to and incorporated by reference in this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release of Six Flags, Inc., dated October 2, 2008.
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.
SIX FLAGS, INC.
By: /s/ James M. Coughlin
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Name: James M. Coughlin
Title: General Counsel
Date: October 10, 2008
EXHIBIT INDEX
Paper (P) or
Exhibit No. Description Electronic (E)
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99.1 Press Release of Six Flags, Inc., dated October E
2, 2008.