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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): November 20, 1996
(Exact name of registrant as specified in its charter)
The Italian Oven, Inc.
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
Pennsylvania 0-27182 25-1624305
(Address of principal executive offices)
Eleven Lloyd Avenue, Latrobe, Pennsylvania 15650
Registrant's telephone number, including area code: (412) 537-5380
(Former name or former address, if changed since last report)
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Item 5. Other Events
On November 20, 1996, the NASDAQ Stock Market, Inc. ("NASDAQ") advised
the Company that, based on its financial results through the quarter ended
September 30, 1996, the Company no longer met the listing criteria for NASDAQ's
National Market System. Accordingly, NASDAQ has determined that continued
listing of the Company's Common Stock, par value $.01 per share (the "Common
Stock"), is no longer warranted.
The Company has appealed the decision of NASDAQ in accordance with
NASDAQ's procedures and will have a hearing on its appeal on December 19, 1996.
Pending the disposition of the Company's appeal, the Common Stock will continue
to trade on NASDAQ's National Market System.
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Pursuant to the requirements of the Securities Exchange Act of 1940,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE ITALIAN OVEN, INC.
By: /s/ Gary L. Steib
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Gary L. Steib
Date: December 2, 1996 Chief Financial Officer
