Form 8-K
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
PRESSTEK,
INC.
(Exact
Name of Registrant as Specified in Its Charter)
Delaware
(State
or
Other Jurisdiction of Incorporation)
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0-17541
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02-0415170
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(Commission
File Number)
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(IRS
Employer Identification No.)
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55
Executive Drive
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Hudson,
New Hampshire
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03051-4903
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(Address
of Principal Executive Offices)
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(Zip
Code)
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(603)
595-7000
(Registrant’s
Telephone Number, Including Area Code)
N/A
(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):
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR 240.13e-4(c))
SECTION
3 - SECURITIES AND TRADING MARKETS
Item
3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule
or Standard; Transfer of Listing.
On
March
16, 2007, the Company filed a Form 12b-25, Notification of Late Filing, with
the
Securities and Exchange Commission (SEC) with regard to its Annual Report on
Form 10-K for the year ended December 30, 2006 (2006 Form 10-K), indicating
that
the Company would not be able to timely file its 2006 Form 10-K, nor could
it
represent that it would be able to file its 2006 Form 10-K by the extended
due
date of March 30, 2007.
Based
on
the foregoing, on April 3, 2007, the Company received a NASDAQ Staff
Determination notifying the Company that the failure to timely file the 2006
Form 10-K constitutes a failure to satisfy the filing requirement for continued
listing under NASDAQ Marketplace Rule 4310(c) (14) and, therefore, trading
in
the Company’s securities will be suspended at the open of business on April 12,
2007 and that the Company’s securities will be delisted from the NASDAQ Stock
Market (the “Delisting Notice”), unless the Company requests an appeal of the
determination.
The
Company intends to file its 2006 Form 10-K within the next few days, at which
time the Company expects to be in compliance with NASDAQ Marketplace Rule
4310(c) (14). Thus, upon the filing of the 2006 Form 10-K, the Company expects
that the NASDAQ Staff will withdraw the Delisting Notice and that the hearing
before the NASDAQ Listing Qualifications Panel will not be necessary.
In
any
event, the Company intends to request an appeal and hearing before a NASDAQ
Listing Qualifications Panel to review the Staff Determination. The
hearing request will stay the suspension of trading and delisting of the
Company's securities pending the issuance of the Panel's decision.
However, there can be no assurance that the Panel will grant the Company's
request. .
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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PRESSTEK,
INC.
(Registrant)
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Date:
April 9, 2007
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/s/
Jeffrey Cook
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Jeffrey
Cook
Senior
Vice President and Chief Financial
Officer
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