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): March 15, 2000
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NEW HORIZON KIDS QUEST, INC.
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(Exact name of registrant as specified in its charter)
Minnesota
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(State or other jurisdiction of incorporation)
0-27780 41-1719363
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(Commission File Number) (IRS Employer Identification No.)
16355 - 36th Avenue North, Suite 700, Plymouth, MN 55446
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (612) 557-1111
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Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events
In December 1999 and January 2000, the Registrant received letters
from NASDAQ citing, respectively, the Company's failure to maintain a minimum
bid price of $1.00 and a minimum market value of public float of $1,000,000, in
each case over the preceding thirty consecutive trading days, as required by
NASDAQ's Marketplace Rules. The Company was advised that an ongoing failure to
comply with the Marketplace Rules would result in a delisting of the Company's
common stock from The Nasdaq SmallCap Market. In March 2000, the Company
submitted to NASDAQ a request for NASDAQ's determination that the Company is no
longer in violation of the Marketplace Rules. In a letter dated March 15, 2000,
NASDAQ issued the requested letter of determination and confirmed that the
Company is no longer the subject of a delisting action.
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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.
NEW HORIZON KIDS QUEST, INC.
By: /s/ William M. Dunkley
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William M. Dunkley
Chief Executive Officer
Date: March 22, 2000
