UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report - June 28, 2006
(Date of earliest event reported)
MACE SECURITY INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Delaware 22810 03 0311630
(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification
Number)
1000 Crawford Place, Suite 400, Mt. Laurel, NJ 08054
(Address of principal executive offices)
(856) 778-2300
(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 (see General Instruction A.2 to Form 8-K):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 24.14a-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 40.13e-4(c))
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule
or Standard; Transfer of Listing.
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As previously reported, on April 19, 2006 and May 17, 2006, Mace Security
International, Inc. ("Company") received two separate Nasdaq Staff
Determinations that the Company was not in compliance with Marketplace Rule
4310(c)(14) regarding the requirement to file with The Nasdaq Stock Market all
documents required to be filed with the Securities and Exchange Commission. The
April 19, 2006, Nasdaq Staff Determination was issued due to the Company not
timely filing its Annual Report on Form 10-K for the year ended December 31,
2005 ("Form 10-K"). The May 17, 2006 Nasdaq Staff Determination was issued due
to the Company not timely filing its Quarterly Report on Form 10-Q for the
quarter ended March 31, 2006 ("Form 10-Q").
In accordance with the procedures of the Nasdaq Stock Market, the Company
requested that the Nasdaq Hearing Qualifications Panel ("Panel") grant the
Company an exception to Marketplace Rule 4310(c)(14) that would allow the
Company's common stock to remain listed. A hearing before the Panel was held on
May 25, 2006. The Panel issued its ruling on June 28, 2006. The Panel's ruling
granted an exception allowing the Company's common stock to remain listed,
provided that the Company files its Form 10-K and Form 10-Q on or before August
15, 2006 and demonstrates compliance with all other requirements for continued
listing on The Nasdaq National Market. The Company believes it is in compliance
with all listing requirements, except for Marketplace Rule 4310(c)(14) due to
its late Form 10-K and Form 10-Q filings. Though no absolute assurance can be
given that the Form 10-K and Form 10-Q will be filed by August 15, 2006, the
Company is working to meet such filing deadline.
A copy of a press release issued by the Company on June 30, 2006 regarding
the June 28, 2006 Ruling of the Panel is filed as Exhibit 99.1 to this Current
Report on Form 8-K and incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
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(c) The following exhibit is being furnished herewith:
99.1 Press release issued by the Company dated June 30, 2006.
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.
Dated: June 30, 2006 Mace Security International, Inc.
By: /s/ Gregory M. Krzemien
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Gregory M. Krzemien
Chief Financial Officer and Treasurer