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) October 6, 2000
BIGMAR, INC.
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
1-14416 31-1445779
(Commission File Number) (I.R.S. Employer Identification No.)
9711 Sportsman Club Road, Johnstown, Ohio 43031-9141
(Address of principal executive offices, including zip code)
(740) 966-5800
(Registrant's telephone number, including area code)
<PAGE>
ITEM 5. OTHER EVENTS.
NASDAQ DELISTING
The Common Stock, $.001 par value (the "Common Stock"), of Bigmar, Inc. (the
"Company") has been delisted from the National Association of Securities Dealers
Automated Quotation ("NASDAQ") SmallCap Market ("NASDAQ SmallCap"). The Common
Stock formerly traded under the symbol "BGMR". The Company received a notice
dated April 7, 2000, from the Nasdaq Stock Market, Inc. that the Company no
longer met the requirements for continued listing. According to the NASDAQ
SmallCap rules, issuers with securities listed on NASDAQ SmallCap, in addition
to other requirements, must maintain a minimum net tangible asset base, a
minimum market capitalization, or a minimum net income to be eligible for
continued listing of their securities. On June 26, 2000, the Company was
informed by NASDAQ that, if the Company did not demonstrate compliance with the
above requirements, the Company's Common Stock would be delisted. The Company
requested a hearing to contest the delisting, which request staid the delisting
until a determination by a NASDAQ hearing panel. The hearing was held on
September 28, 2000. On October 5, 2000, the Company received a letter from
NASDAQ, which stated that the NASDAQ hearing panel decided to delist the Common
Stock effective with the open of business on October 6, 2000.
The Common Stock is eligible to be quoted on the OTC Bulletin Board, and the
Company will seek to ensure that the Common Stock will be quoted on the OTC
Bulletin Board. However, there is no assurance that existing market makers will
continue to make a market in the Company's Common Stock on the OTC Bulletin
Board or otherwise.
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: October 6, 2000
BIGMAR, INC.
By: /s/ John G. Tramontana
--------------------------------
John G. Tramontana
Chairman of the Board, President
and Chief Executive Officer
