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Form 8-K RADIOSHACK CORP For: Jan 22

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January 22, 2015 5:02 PM EST
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section�13 or 15(d)
of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported): January�15, 2015
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RADIOSHACK CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware
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1-5571
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75-1047710
(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.)
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300 RadioShack Circle,
Mail Stop CF3-203, Fort Worth, Texas
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76102
(Address of principal executive offices)
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(Zip Code)
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Registrants telephone number, including area code: (817)�415-3011
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(Former name or former address, if changed since last report.)
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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:
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Written communications pursuant to Rule 425 under the Securities Act
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
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Item�3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
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On January 15, 2015, RadioShack Corporation (the Company) was notified by the New York Stock Exchange (NYSE) that the average market capitalization of the Company was less than $50 million over a period of 30 consecutive trading days and stockholders equity of the Company was below $50 million, which are the minimum market capitalization and stockholders equity requirements for continued listing on the NYSE under Rule 802.01B of the NYSE Listed Company Manual.
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Under NYSE rules, the Company has 45 days following receipt of the notification to provide the NYSE with a business plan that demonstrates the Companys ability to regain compliance within 18 months.��If the Company submits a business plan, the Listings and Compliance Committee of the NYSE will either accept the business plan or if the Committee does not accept the business plan the Company will be subject to suspension by the NYSE and delisting.
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The notice has no immediate impact on the listing of the Companys common stock, which will continue to trade on NYSE under the symbol RSH. If the common stock ultimately were to be delisted for any reason, it could (1)�reduce the liquidity and market price of the common stock and (2)�negatively impact the ability of the Company to conduct equity financings and access the public capital markets.
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As required under NYSE rules, the Company issued a press release on January 22,�2015, announcing that it had received the notice of noncompliance. A copy of this press release is attached as Exhibit 99.1 to this Form 8-K.
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Item�9.01. Financial Statements and Exhibits.
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(d) Exhibits
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Exhibit No.
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99.1
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Press Release, dated January 22, 2015, RadioShack Receives Continued Listing Standards Notice from the New York Stock Exchange

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SIGNATURES
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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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RadioShack Corporation
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(Registrant)
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Date: January 22, 2015
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/s/ Carlin Adrianopoli
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Carlin Adrianopoli
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Interim Chief Financial Officer
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(principal financial officer)

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EXHIBIT INDEX
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Exhibit No.
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99.1
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Press Release, dated January 22, 2015, RadioShack Receives Continued Listing Standards Notice from the New York Stock Exchange

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Exhibit 99.1
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FORT WORTH, Texas, Jan. 22, 2015 -- RadioShack Corporation (RadioShack or the Company) (NYSE: RSH) received a continued listing standards notice from the New York Stock Exchange (the NYSE) on January 15, 2015, because the average market capitalization of the Company was less than $50 million over a period of 30 consecutive trading days and stockholders equity of the Company was below $50 million.

RadioShacks common stock continues to trade on the NYSE.��Under NYSE rules, the Company has 45 days following receipt of the notification to provide the NYSE with a business plan that demonstrates the Companys ability to regain compliance within 18 months.��If the Company submits a business plan, the Listings and Compliance Committee of the NYSE will either accept the business plan or if the Committee does not accept the business plan the Company will be subject to suspension by the NYSE and delisting.

The Company's Securities and Exchange Commission reporting requirements and debt obligations are not affected by the receipt of the NYSE notification.
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FORWARD-LOOKING STATEMENTS
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This press release contains forward-looking statements, as referenced in the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect managements current views and projections regarding economic conditions, the retail industry environment and Company performance. These statements can be identified by the fact that they include words like anticipate, believe, estimate, expect, intend, project, guidance, plan, outlook and other words with similar meaning. We specifically disclaim any duty to update any of the information set forth in this press release, including any forward-looking statements. These statements involve a number of risks and uncertainties that could cause our actual results to differ materially from the results discussed in our forward-looking statements, including the risk that the Companys common stock may be delisted from the New York Stock Exchange and this delisting may (1)�reduce the liquidity and market price of the Companys common stock and (2)�negatively impact the ability of the Company to conduct equity financings and access the public capital markets. Additional factors that could cause our actual results to differ materially from the results discussed in our forward-looking statements include, but are not limited to, our ability to execute and the effectiveness of our initiatives, including our strategic turnaround plan and our proposed store closure program; the underperformance or loss of certain of our important vendors, such as our wireless carrier providers, or breaches by them of our agreements with them; difficulties associated with our transition to an outsourced arrangement for the production of products we previously manufactured at our Chinese manufacturing plant; an adverse impact on our sales or profitability due to our transition to such an outsourced arrangement; an adverse impact on our sales or profitability due to changes wireless carrier providers make to their customer credit requirements, frequency of upgrade eligibility, or other operational matters, and the timing, completeness, and accuracy of information we receive about such changes; a decline in our gross margin due to customer demand for lower margin mobile devices, such as smartphones and tablets; overall sales performance; economic conditions; product demand; expense levels; competitive activity; interest rates; changes in the Companys financial condition; availability of products and services and other risks associated with the Companys vendors and service providers; the regulatory environment; and other factors affecting the retail category in general. Additional information regarding these and other factors is included in the Companys filings with the SEC, including its most recent Annual Report on Form 10-K for the year ended Dec. 31, 2013.
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About�RadioShack Corporation
RadioShack�(NYSE: RSH) is a leading retailer focused on connecting customers with personalized solutions and discovering what's possible through the latest in consumer technology. The company's updated product assortment incorporates national brands, industry-leading private brand products, and in-demand mobile devices from a wide selection of wireless carriers. Customers can shop top brands in headphones and speakers, wearable technology, smart toys and DIY supplies, connected home, power accessories and home entertainment at�www.radioshack.com�or in store.� RadioShack's�global retail network includes more than 4,000 company-operated stores in�the United States�and�Mexico�and more than 1,200 dealer stores in 25 countries.�RadioShack�employs thousands of knowledgeable associates globally to help customers find their technology solution. For more information on�RadioShack Corporation, please visit www.radioshackcorporation.com.�
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Analysts and Investors Contact: Investor Relations, +1-817-415-3400,
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News Media Contact: Media Relations, +1-817-415-3300,
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