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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 17, 2001
(Exact name of registrant as specified in its charter)
| Delaware | 0-19703 | 22-2689245 |
| (State or Other Jurisdiction of | (Commission | (I.R.S. Employer |
| Incorporation or Organization | File Number) | Identification No.) |
| 25 Main Street | |||
| Ansonia, Connecticut | 06401 | ||
| (Address of principal executive offices) | (Zip Code) |
Registrant's telephone number, including area code: (203) 736-5500
N/A
(Former name or former address, if changed since last report)
Item 5. Other Events
On January 17, 2001, Farrel Corporation, a Delaware corporation (the “Company”) issued a press release announcing that it has received notification from NASDAQ that the Company’s common stock has failed to maintain a minimum bid price of $1.00 over the past thirty (30) consecutive trading days as required by NASDAQ rules. Therefore, in accordance with the NASDAQ rules, the Company is provided until April 11, 2001, to regain compliance with this rule. If, prior to April 11, 2001, the bid price of the Company’s common stock is at least $1.00 for a minimum of ten (10) consecutive trading days, NASDAQ’s staff will determine if the Company complies with NASDAQ’s Marketplace Rule 4310 (c)(8)(b). If the Company is unable to demonstrate compliance with such rule on or before April 11, 2001, NASDAQ will notify the Company that its common stock will be de-listed. The Company’s management is considering measures to avoid de-listing.
In accordance with General Instruction F to Form 8-K, a copy of the press release dated January 17, 2001 is attached hereto as Exhibit 20 and is incorporated herein by reference.
Item 7. Financial Statements and Exhibits
| (a) | Not Applicable. |
| (b) | Not Applicable. |
| (c) | Exhibits: |
| 20 Press Release, dated January 17, 2001, issued by the Company. |
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.
| FARREL CORPORATION |
| Date: January 18, 2001 | By | /s/Walter C. Lazarcheck |
Walter C. Lazarcheck Vice President and Chief Financial Officer |
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