THE BON-TON STORES,INC. (NASDAQ:BONT) Files An 8-K Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item 3.01
|
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. |
This Amendment on Form 8-K/A is an amendment to the Current
Report on Form 8-K of The Bon-Ton Stores, Inc. (the Company)
dated March 15, 2017.
On March 16, 2017, The Nasdaq Stock Market notified the Company
that it is withdrawing the March 9, 2017 staff deficiency letter
notifying the Company that for the past 30 consecutive business
days prior to the date of the letter, the market value of
publicly held shares of the Company was less than $15 million,
which does not meet the requirement for continued listing on The
Nasdaq Global Select Market, as required by Nasdaq Listing
Rule5450(b)(3)(C) (the MVPHS Rule). The Company continues to
remain in compliance with the Nasdaq Global Select Market
continued listing requirements.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits
99.1Press Release issued March 17, 2017 regarding Nasdaqs
withdrawal of its March 9, 2017 notice that the Company did not
meet continued listing standards.
About THE BON-TON STORES, INC. (NASDAQ:BONT)
The Bon-Ton Stores, Inc. is a department store operator. The Company operates through two segments: stores and eCommerce (its Internet Websites). The Company offers a range of brand-name fashion apparel and accessories for women, men and children. It operates approximately 270 stores in over 26 states in the Northeast, Midwest and upper Great Plains under the Bon-Ton, Bergner’s, Boston Store, Carson’s, Elder-Beerman, Herberger’s and Younkers nameplates, encompassing a total of approximately 25 million square feet. Its nationally distributed brand assortment includes a range of labels in the apparel, accessories, footwear, cosmetics and home furnishings industries, such as Anne Klein, Calvin Klein, Carters, Chaps, Clarks, Clinique, Coach, Estee Lauder, Fossil, Free People, Frye, Jessica Simpson and Vince Camuto. Its private brand portfolio includes Laura Ashley, Ruff Hewn, Relativity and Casa by Victor Alfaro. THE BON-TON STORES, INC. (NASDAQ:BONT) Recent Trading Information
THE BON-TON STORES, INC. (NASDAQ:BONT) closed its last trading session up +0.01 at 1.02 with 191,231 shares trading hands.