Form 8-K Current Report
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): January 31, 2006
SIGA
TECHNOLOGIES, INC.
(Exact
name of registrant as specified in its charter)
|
Delaware
|
0-23047
|
13-3864870
|
|
(State
or other jurisdiction of
incorporation
or organization)
|
(Commission
file number)
|
(I.R.S.
employer
identification
no.)
|
|
420
Lexington Avenue, Suite 408
New
York, New York
(Address
of principal executive offices)
|
|
10170
(Zip
code)
|
Registrant’s
telephone number, including area code: (212) 672-9100
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):
r
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
r
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
r
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
r
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
January 31, 2006, SIGA Technologies, Inc. (“SIGA”) received notice from the
Nasdaq Stock Market (“NASDAQ”) that for the past 30 consecutive business days,
the bid price of the SIGA’s common stock has closed below the $1.00 per share
minimum requirement for continued inclusion on the Nasdaq SmallCap Market under
Marketplace Rule 4310(c)(4). In accordance with Marketplace Rule 4310(c)(8)(D),
SIGA will be provided with 180 calendar days, until July 31, 2006, to regain
compliance with the minimum bid requirement. If, at any time before July 31,
2006, the bid price of the SIGA’s common stock closes at $1.00 per share or more
for a minimum of 10 consecutive business days, NASDAQ will provide SIGA with
written notification that it now complies with Marketplace Rule 4310(c)(4).
SIGA
intends to monitor the bid price between now and July 31, 2006, and consider
available options if its common stock does not trade at a level likely to result
in SIGA regaining compliance with the minimum bid requirement.
On
February 3, 2006, SIGA issued a press release announcing that it had received
the above described notice from NASDAQ regarding its bid price. A copy of the
press release is attached hereto as Exhibit 99.1.
Item
9.01. Financial Statements and Exhibits.
(c)
Exhibits
|
Exhibit
No.
|
Description
|
|
99.1
|
Press
Release, dated February 3, 2006.
|
2
SIGNATURE
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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|
|
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SIGA
TECHNOLOGIES,
INC. |
|
|
|
| |
By: |
/s/ Thomas
N.
Konatich |
| |
Name: Thomas
N. Konatich |
| |
Title: Chief
Financial Officer |
Date: Date: February
3, 2006
3