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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Current Report
on
FORM 8-K
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT: MARCH 10, 1998
AMERIQUEST TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
DELAWARE
(State of other jurisdiction of incorporation or organization)
1-10397 33-0244136
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(Commission File Number) (I.R.S. Employer Identification No.)
425 PRIVET ROAD, HORSHAM, PA 19044
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(Address of principal executive office) (Zip Code)
(215) 675-9300
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Registrant's telephone number, including area code
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AMERIQUEST TECHNOLOGIES, INC.
FORM 8-K
ITEM 5. OTHER EVENTS
The New York Stock Exchange, in accordance with its press release on
February 23, 1998, suspended trading of the Company's Common Stock
before the opening of trading today, Tuesday, March 10, 1998. Following
suspension, the NYSE indicated that it expects to make an application
to the Securities and Exchange Commission to delist the issue. The
NYSE's action is based on the fact that the Company fell below the
NYSE's continued listing criteria related to net tangible assets
available to common stock (less than $12 million) and average net
income for the last three years (less than $600,000); and aggregate
market value of publicly held shares (less than $8 million).
The Company has applied to list its shares on the American Stock
Exchange. The Company does not anticipate that it will be accepted for
listing by the American Stock Exchange in the near future. However,
several brokerage firms have indicated that they will agree to serve as
market makers for the Company.
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AMERIQUEST TECHNOLOGIES, INC.
MARCH 10, 1998
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.
AmeriQuest Technologies, Inc.
March 10, 1998
/s/ ALEXANDER C. KRAMER
Alexander C. Kramer
Chief Executive Officer
March 10, 1998
/s/ JON JENSEN
Jon Jensen
Chief Operating Officer and
Chief Financial Officer
