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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
December 1, 2000
Hines Horticulture, Inc.
(Exact name of registrant as specified in its charter)
Delaware 0-24439 33-0803204
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
12621 Jeffrey Road, Irvine, California 92620
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(949) 559-4444
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Item 5: Other Events.
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On December 1, 2000, Hines Horticulture, Inc. (the "Company")
received notification from the Nasdaq Stock Market ("Nasdaq")
that the Company's current stock price does not comply with one
of The Nasdaq National Market's continued listing requirements.
Under the listing requirements, the Company's common stock must
maintain a minimum bid price of over $5.00 over the last 30
consecutive trading days. For the Company to regain compliance
with this listing requirement, the minimum bid price of the
Company's common stock must be at least $5.00 for 10 consecutive
trading days at any time prior to February 28, 2001.
Nasdaq has also informed the Company that its common stock may be
eligible for listing on the The Nasdaq SmallCap Market. Should
the Company be unable to comply with the continued listing
requirements of The Nasdaq National Market, the Company intends
to take all steps necessary to list its common stock on The
Nasdaq SmallCap Market. Although the Company believes that it can
satisfy all requirements for inclusion in the SmallCap Market,
there can be no assurance that Nasdaq will approve the Company's
application.
If the Company has not either complied with the listing
requirements of The Nasdaq National Market or applied for listing
on The Nasdaq SmallCap Market prior to February 28, 2001, Nasdaq
has indicated that it will provide the Company with notification
of its intention to delist the Company's common stock.
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Dated: December 20, 2000
HINES HORTICULTURE, INC.
By: /s/ Claudia M. Pieropan
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Claudia M. Pieropan
Chief Financial Officer
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