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): July 23, 2002
DCH TECHNOLOGY, INC.
(Exact name of registrant as specified in its charter)
000-26957
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(Commission File Number)
Delaware 84-1349374
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(State or other jurisdiction (I.R.S. Employer Identification No.)
of incorporation or organization)
24832 Avenue Rockefeller, Valencia, CA 91355
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(Address of Principal Executive Offices Including Zip Code)
Registrant's telephone number, including area code: (661) 775-8120
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ITEMS 1 THROUGH 4 AND 6 THROUGH 9 ARE NOT APPLICABLE.
ITEM 5. OTHER EVENTS.
On July 23, 2002, DCH Technology, Inc. received a letter from the American
Stock Exchange advising that the Exchange had determined that DCH no longer met
certain financial requirements for continued listing on the Exchange. The
Exchange cited (i) DCH's sustained losses, (ii) failure to pay applicable
listing fees when due, (iii) issuance of additional shares of common stock
without timely notifying the Exchange, and (iv) a low stock price. Management of
DCH believes that DCH fully complied with the notification requirements for the
listing of additional shares, but has elected not to pursue an appeal of the
delisting process. The Exchange will commence delisting procedures on July 30,
2002. DCH will instead pursue immediate quotation of its common stock on the
OTCBB.
Safe Harbor: This Current Report on Form 8-K includes statements that are
considered "forward-looking" within the meaning of the Private Securities
Litigation Reform Act of 1995. These forward-looking statements reflect DCH
Technology's current views about future events and performance. Investors should
not rely on these statements because they are subject to a variety of risks,
uncertainties and other factors that could cause actual results to differ
materially from expectations. These factors include, but are not limited to, the
inability of DCH to list its common stock for trading on the OTCBB, governmental
regulations, and other factors detailed in DCH Technology's filings with the
Securities and Exchange Commission.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this report to be signed on
its behalf by the undersigned, thereunto duly authorized.
DCH TECHNOLOGY, INC.
Date: July 30, 2002 By: /s/ John Donohue
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John Donohue,
President and CEO
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