SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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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): December 2, 1998
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RAMTRON INTERNATIONAL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
(State of or other jurisdiction of incorporation or organization)
0-17739
(Commission File Number)
84-0962308
(I.R.S. Employer Identification Number)
1850 Ramtron Drive, Colorado Springs, Colorado 80921 (719) 481-7000
(Address, including zip code, and telephone number, including area code,
of registrant's principal executive offices)
ITEM 5 - OTHER EVENTS:
On December 2, 1998, Ramtron International Corporation (the "Company")
received a letter from The Nasdaq Stock Market ("Nasdaq") informing the
Company that its common stock has failed to maintain a closing bid price of
greater than or equal to $1.00 in the last thirty consecutive trade dates in
accordance with Nasdaq Marketplace Rules. Nasdaq has provided the Company
ninety (90) calendar days in which to gain compliance with Nasdaq Marketplace
Rules. If at any time within the ninety calendar days from December 2, 1998,
the closing bid price of the Company's shares of common stock is equal to or
greater than $1.00 for a minimum of ten consecutive trading days, the Company
will have complied with the minimum bid requirement of Nasdaq's Marketplace
Rules.
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If the Company is unable to demonstrate compliance with the $1.00 minimum bid
price requirement by the end of the ninety day period, the Company's common
stock will be delisted. However, in the event the Company is unable to
achieve compliance within the ninety days, it can seek other remedies by
requesting a hearing with Nasdaq, at which time a stay of the delisting would
occur if such a hearing is granted. The hearing would provide the Company the
opportunity to present its plan to comply with the Nasdaq minimum bid listing
requirement.
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.
RAMTRON INTERNATIONAL CORPORATION
By: /S/ Richard L. Mohr
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Richard L. Mohr
Executive Vice President and CFO
Date: December 8, 1998
