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): February 2, 2009
ARC Wireless Solutions, Inc.
(Exact Name of registrant as specified in its charter)
Utah |
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000-18122 |
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87-0454148 |
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10601 West 48th Avenue |
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80033-2285 |
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Registrants telephone number, including area code: 303-421-4063
Former Name or Former Address, if Changed Since Last Report: Not applicable
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 8.01 |
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Other Events. |
On February 5, 2009, ARC Wireless Solutions, Inc. (the Company) announced that on February 2, 2009 the Company received a letter from NASDAQ Stock Market (NASDAQ) indicating that the Company now complies with NASDAQ Marketplace Rules 4350(c) and 4350(d)(2).
As previously disclosed, on December 16, 2008 the Company received a letter from the NASDAQ Stock Market (NASDAQ) indicating that the Company did not comply with the independent director and audit committee requirements for continued listing on NASDAQ as set forth in Marketplace Rules 4350(c) and 4350(d)(2) (the Rules), respectively.
Based on the Company having elected two independent Board members, Javier Baz and Amit Chatwani, on January 21, 2009 and the appointment of these Board members to the Audit Committee of the Board of Directors of the Company, NASDAQ considers the Company to be in compliance and the matter closed.
The announcement is contained in a press release issued February 5, 2009 that is attached hereto as Exhibit 99.1.
ITEM 9.01 |
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Exhibits |
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Exhibit |
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Description |
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99.1 |
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Press release dated February 5, 2009 announcing receipt of NASDAQ Compliance Letter |
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.
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ARC Wireless Solutions, Inc. |
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(Registrant) |
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Date: February 5, 2009 |
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/s/ Jason Young |
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Jason Young |
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List of Exhibits
Exhibit |
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Description |
99.1 |
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Press release dated February 5, 2009 announcing receipt of NASDAQ Compliance Letter |
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