Form 6-K SMART Technologies Inc. For: Dec 29

 

 

 

  

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16

under the Securities Exchange Act of 1934

For the month of December 2015

Commission File Number 001-34798

 

SMART TECHNOLOGIES INC.

 

3636 Research Road N.W.

Calgary, Alberta

Canada T2L 1Y1

(Address of principal executive offices)

 

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x         Form 40-F ¨ 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):              

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):              

 

THIS REPORT ON FORM 6-K SHALL BE DEEMED FILED WITH THE SECURITIES AND EXCHANGE COMMISSION (THE “COMMISSION”) AND INCORPORATED BY REFERENCE INTO THE REGISTRATION STATEMENT ON FORM S-8 (FILE NO. 333-181530) OF SMART TECHNOLOGIES INC. FILED WITH THE COMMISSION, AND TO BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS FURNISHED TO THE COMMISSION, TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS THE REGISTRANT SUBSEQUENTLY FURNISHES TO OR FILES WITH THE COMMISSION.

 

 

 

 

DOCUMENTS FILED AS PART OF THIS FORM 6-K

Press Release issued December 29, 2015 announcing U.S. Listing Transfer to Nasdaq Capital Market

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, thereunto duly authorized.

 

 

	SMART TECHNOLOGIES INC.
	By:	/s/ Matt Sudak
	Name:	Matt Sudak
	Title:	Vice President, Legal, General Counsel, and Corporate Secretary

Date: December 29, 2015

 

Exhibit Index

 

99.1	Press Release dated December 29, 2015 – SMART Technologies Announces U.S. Listing Transfer to Nasdaq Capital Market

 

 

Exhibit 99.1

media release

 

SMART Technologies Announces U.S. Listing Transfer to Nasdaq Capital Market

CALGARY, Alberta --- Dec. 29, 2015 --- SMART Technologies Inc. (NASDAQ: SMT) (TSX: SMA) (“SMART” or the “Company”), a leading provider of education and business collaboration solutions, has received a determination today from the Nasdaq Stock Market LLC (“Nasdaq”) granting approval of SMART’s request to transfer its Nasdaq listing from the Nasdaq Global Select Market to the Nasdaq Capital Market.

The Company's securities will begin trading on the Nasdaq Capital Market effective at the opening of business on December 31, 2015. The Company's common shares will continue to trade on Nasdaq under the symbol “SMT.” The Nasdaq Capital Market is a continuous trading market that operates in substantially the same manner as the Nasdaq Global Select Market, but with less stringent listing requirements.

This listing transfer does not impact the listing of the Company’s shares on the Toronto Stock Exchange, where the shares will continue to trade under the symbol “SMA.” The Company’s business operations are not affected by the transfer to the Nasdaq Capital Market.

As previously noted on July 21, 2015, the Company was advised by Nasdaq that it is not in compliance with the minimum bid price requirement set forth in the Nasdaq Rules for continued listing on The Nasdaq Global Select Market. The Company has until January 12, 2016 to regain compliance with the minimum bid price requirements, and other requirements of continued listing on the Nasdaq Capital Market. In the event such compliance requirements are not met, the Company would expect to receive a notice of delisting of the Company’s securities from Nasdaq shortly thereafter. Such notice may be open to appeal by the Company, a process that could take several weeks. The customary means for a company to regain compliance with the minimum bid price requirements is a reverse stock split, or share consolidation, an approach the Company is considering, although no decision in that regard has yet been made.

  

About SMART

SMART Technologies Inc. (NASDAQ: SMT, TSX: SMA) is a world leader in collaboration solutions that are redefining the way the world works and learns. We are an innovator in interactive touch technologies and software that inspire collaboration in both education and businesses around the globe. To learn more, visit smarttech.com.

 

SMT – M

 

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Reader’s advisory
Certain information contained in this press release may constitute forward-looking information or statements. By their very nature, forward-looking information and statements involve inherent risks and uncertainties, both general and specific, and risks that predictions, forecasts, projections and other forward-looking information and statements will not be achieved. We caution readers not to place undue reliance on these statements as a number of important factors could cause the actual results to vary materially from the forward-looking information or statements. We do not assume responsibility for the accuracy and completeness of the forward-looking information or statements. Any forward-looking information and statements contained in this press release are expressly qualified by this cautionary statement.

 

Investor contact:	Media contact:
Jody Kehler	Robin Raulf-Sager
Investor Relations Manager	Director, Corporation Communications
SMART Technologies Inc.	SMART Technologies Inc.
+ 1.403.407.5486	+ 1.403.407.4225
[email protected]	[email protected]

©2015 SMART Technologies. All third-party product and company names are for identification purposes only and may be trademarks of their respective owners. To view a list of SMART trademarks please visit our Trademarks and Guidelines page. 

 

Please note that SMART is written in all capital letters.

 

 

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