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): November 2, 2009
FORGENT NETWORKS, INC.
(Exact name of registrant as specified in its charter)
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Delaware | 000-20008 | 74-2415696 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
108 Wild Basin Road
Austin TX, 78746
(Address of principal executive offices and Zip Code)
(512) 437-2700
(Registrant’s telephone number, including area code)
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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b))
[ ] 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.
Failure to Satisfy a Listing Rule.
On November 2, 2009, Forgent Networks, Inc. (the “Company”) received notice from Nasdaq Stock Market stating that it was not in compliance with Listing Rules regarding the periodic filing requirements of its 10-K for the period ended July 31, 2009. On November 6, 2009 the Company filed its 10-K and received notice from Nasdaq Stock Market that it had regained compliance and satisfied the periodic filing requirement.
| Item 9.01 |
Financial Statements and Exhibits.
| (d) |
Exhibits
Exhibit |
| Description |
| 99.1 |
Press Release, dated November 6, 2009, entitled “Asure Software Announces Receipt of Notice of Non-Compliance and Subsequent Notice of Regained Compliance Related to Filing of its Form 10K”
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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.
Date: November 10, 2009
FORGENT NETWORKS, INC.
By: /s/ David Sandberg
| Name: |
David Sandberg
| Title: |
Chairman
For Immediate Release
Asure Software Announces Receipt of Notice of Non-Compliance and Subsequent Notice of Regained Compliance Related to Filing of its Form 10K
Austin, Texas, November 6, 2009. Asure Software (NASDAQ: ASUR), a leading provider of workforce management software, announced that on November 2, 2009, it received a letter stating that it no longer met the periodic filing requirement for the Nasdaq Stock Market under Listing Rule 5250(c)(1). However, on November 6, 2009, Asure received a letter from Nasdaq stating it has regained compliance because it filed its form 10K on November 6, 2009.
For further information contact:
Lisa Flynn, Asure Software: (512) 437-2678
About Asure Software
Headquartered in Austin, Texas, Asure Software, (a d/b/a of Forgent Networks, Inc.), empowers small to mid-size organizations and divisions of large enterprises to operate more efficiently, increase worker productivity and reduce costs through a comprehensive suite of on-demand workforce management software and services. Asure’s market-leading suite includes products that optimize workforce time and attendance tracking, benefits enrollment and tracking, pay stubs and W2 documentation, expense management, and meeting and event management. With additional offices in Warwick, Rhode Island, Vancouver, British Columbia, and Mumbai, India, Asure serves 3,500 customers around the world. For more information, please visit www.asuresoftware.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995:
Statements in this press release regarding Asure's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such risks and uncertainties, which include those associated with continued listing of the Company's securities on the NASDAQ Capital Market, could cause actual results to differ from those contained in the forward-looking statements.