As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 8/12/08  Meade Instruments Corp            8-K:3,9     8/06/08    2:45K                                    Merrill Corp-MD/FA

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     24K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML     15K 

 

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):
August 6, 2008

 

Meade Instruments Corp.

(Exact name of registrant as specified in its charter)

 

 

Registrant’s telephone number, including area code:

(949) 451-1450

 

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):

 

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))

 

 

 

Item 3.01       Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

 

On August 6, 2008, Meade Instruments Corp. (the “Company”) received a Staff Deficiency Letter from the Nasdaq Stock Market (“Nasdaq”) notifying the Company that it fails to comply with Nasdaq’s Marketplace Rule 4450(a)(5) (the “Rule”) because the closing bid price for the Company’s Common Stock, over the last 30 consecutive business days, has closed below the minimum $1.00 per share requirement for continued listing.  In accordance with Marketplace Rule 4450(e)(2), the Company has a period of 180 calendar days, or until February 2, 2009, to regain compliance.  If at any time before February 2, 2009 the bid price of the Company’s Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written notification that the Company has achieved compliance with the Rule.  If compliance with the Rule cannot be demonstrated by February 2, 2009, the Company’s Common Stock will be subject to delisting from the Nasdaq Global Market.  The Company issued a press release on August 12, 2008 that disclosed its receipt of this letter from Nasdaq.  A copy of the press release is attached hereto as Exhibit 99.1.

 

Item 9.01       Financial Statements and Exhibits

 

Exhibit No.		Exhibit Title or Description
99.1		Press Release, dated August 12, 2008, issued by Meade Instruments Corp.

 

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