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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):
June 17, 2011
American Superconductor Corporation
(Exact name of registrant as specified in its charter)
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Delaware
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0-19672
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04-2959321 |
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.) |
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64 Jackson Road
Devens, Massachusetts
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01434 |
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(Address of principal executive offices)
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(Zip Code) |
Registrants telephone number, including area code (978) 842-3000
Not Applicable
(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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;
Transfer of Listing.
On June 17, 2011, American Superconductor Corporation (the Company) received notice from the
NASDAQ Stock Market (NASDAQ) stating that the Company is not in compliance with Listing Rule
5250(c)(1) for continued listing due to the Companys inability to file with the Securities and
Exchange Commission (the Commission) the Companys Annual Report on Form 10-K for the year ended
March 31, 2011 on a timely basis. The notification was issued in accordance with standard NASDAQ
procedures and has no immediate effect on the listing or trading of the Companys common stock on
the NASDAQ Global Select Market. The NASDAQ letter indicated that the Company has until August 16,
2011 to regain compliance or submit a plan explaining how it expects to regain compliance. If
NASDAQ approves the Companys plan, it can grant an exception of up to 180 calendar days from the
due date of the Form 10-K (or until December 14, 2011) to regain compliance.
Item 7.01. Regulation FD Disclosure.
The Company issued a press release on June 21, 2011, disclosing its receipt of the NASDAQ letter. A
copy of the press release is attached as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits:
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Exhibit |
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No. |
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Description |
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99.1 |
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Press Release, dated June 21, 2011. |
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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.
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AMERICAN SUPERCONDUCTOR CORPORATION
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Date: June 21, 2011 |
By: |
/s/ David A. Henry
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David A. Henry |
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Senior Vice
President and Chief
Financial Officer |
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