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) April 3, 2008
NATURAL HEALTH TRENDS CORP.
(Exact name of Company as specified in its charter)
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Delaware
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0-26272
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59-2705336 |
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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IRS Employer
Identification No.) |
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2050 Diplomat Drive
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Dallas, TX
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75234 |
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(Address of principal executive offices)
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(Zip Code) |
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Companys telephone number, including area code
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(972) 241-4080 |
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(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the Company under any of the following provisions
(see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 3.01 |
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Notice of Delisting or Failure to Satisfy a Continued
Listing Rule or Standard; Transfer of Listing. |
On April 3, 2008, Natural Health Trends Corp. (the Company) received a letter
from The Nasdaq Stock Market stating that the Company is not in compliance with the
$10,000,000 minimum stockholders equity requirement for continued listing on the
Nasdaq Global Market set forth in MarketPlace Rule 4450(a)(3). The Companys Annual
Report on Form 10-K for the year ended December 31, 2007, which was filed with the
Securities and Exchange Commission on March 31, 2008, reported that the Companys
shareholders equity on December 31, 2007, was $9,562,000.
After
evaluating this letter, the Company has decided to apply for a
transfer to the Nasdaq Capital Market. The Company
believes it meets the continued listing requirements for the Nasdaq
Capital Market. Listing on the Nasdaq Capital Market will result in a minor cost savings for the
Company. The Company does not believe that stockholders liquidity will be
adversely impacted by a transfer to the Nasdaq Capital Market. Accordingly, the
Company intends to file an application by April 18, 2008, to transfer its Nasdaq
listing from the Nasdaq Global Market to the Nasdaq Capital Market.
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Item 9.01. |
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Financial Statements and Exhibits. |
(d) Exhibits
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99. |
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Press Release of the Company dated April 8, 2008. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
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NATURAL HEALTH TRENDS CORP.
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Date: April 8, 2008 |
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/s/ Chris Sharng
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Name: |
Chris Sharng |
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Title: |
President |
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