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) December 12, 2005
Trans-Industries, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-4539 13-2598139
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
1780 Opdyke Court, Auburn Hills, MI 48326
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code 248-364-0400
N/A
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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 December 6, 2005, Trans-Industries, Inc. (the "Company") received a
Nasdaq Staff Determination letter from The Nasdaq Stock Market ("Nasdaq")
indicating the Company's securities will be delisted from The Nasdaq Capital
Market at the opening of business on December 15, 2005. The Company is not in
compliance with Nasdaq's requirements for continued listing because the
Company's shareholders equity amount is below the minimum requirement of $2.5
million and accordingly does not comply with Marketplace Rule 4310(c)(2)(B) (the
"Minimum Stockholders Equity Rule"). The Company was unable to submit to Nasdaq
a definitive plan evidencing its ability to achieve near term compliance with
the continued listing requirements or sustain such compliance over an extended
period of time. The Company has decided not to appeal Nasdaq's determination.
Accordingly, the Company's securities will be delisted as provided in the Nasdaq
Staff Determination letter. The Company intends to investigate the possibility
of facilitating the trading of its securities in the Over the Counter Market
through the Pink Sheets.
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.
TRANS-INDUSTRIES, INC.
Date December 12, 2005 By/s/ Kai Kosanke
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Kai Kosanke
Chief Financial Officer