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): APRIL 3, 2007
TECUMSEH PRODUCTS COMPANY
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(Exact name of registrant as specified in its charter)
MICHIGAN 0-452 38-1093240
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
100 EAST PATTERSON STREET
TECUMSEH, MICHIGAN 49286
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (517) 423-8411
(NOT APPLICABLE)
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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 A LISTING.
On April 3, 2007 we received a Nasdaq staff determination letter indicating
that we had failed to comply with the filing requirements for continued listing
set forth in Nasdaq's Marketplace Rule 4310(c)(14) and that our shares are
therefore subject to delisting from The Nasdaq Stock Market. Nasdaq issued the
letter because we have delayed filing our Form 10-K for 2006 pending negotiation
of amendments to our domestic credit agreements, and reflecting our intention to
include information regarding those amendments on our Form 10-K.
We intend to appeal the Nasdaq staff determination. During the appeal
process, which we expect will take four to six weeks, our shares will continue
to be listed on Nasdaq. We plan to file our Form 10-K before the appeal process
is completed, which we expect will resolve the matter and permit our shares to
continue to be listed on Nasdaq.
ITEM 7.01 REGULATION FD DISCLOSURE.
On April 9, 2007 we issued a press release about our receipt of the Nasdaq
letter. We are furnishing a copy as an exhibit to this report.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
The following exhibit is furnished with this report:
Exhibit No. Description
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99.1 Press release issued April 9, 2007
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.
TECUMSEH PRODUCTS COMPANY
Date: April 9, 2007 By /s/ James S. Nicholson
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James S. Nicholson
Vice President, Treasurer and Chief
Financial Officer
NOTE: The information in Item 7.01 of this report and the related exhibit
is not to be deemed "filed" for purposes of Section 18 of the Exchange Act or
otherwise subject to the liabilities of that section unless the registrant
specifically incorporates it by reference into a filing under the Securities Act
or the Exchange Act.
EXHIBIT INDEX
Exhibit No. Description
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99.1 Press release issued April 9, 2007