UCBH Holdings 8-K 2009
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 12, 2009
UCBH Holdings, Inc.
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code: (415) 315-2800
(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 registrant under any of the following provisions:
UCBH Holdings, Inc. (the Company) received a letter from The NASDAQ Stock Market (NASDAQ), which notified the Company that it is currently not in compliance with NASDAQ Listing Rule 5250(c)(1) Obligation to File Periodic Financial Reports (the Listing Rule), because it did not file its Form 10-Q for the quarter ended June 30, 2009 in a timely manner.
The letter was received on August 12, 2009, and is the second such letter sent by NASDAQ to the Company. On May 22, 2009, the Company announced that it had received a similar letter regarding the late filing of the Companys Form 10-Q for the quarter ended March 31, 2009.
As previously reported in its Form 8-K on May 20, 2009 and Form 8-K/A on June 3, 2009 with the Securities and Exchange Commission, the Company is currently in the process of restating the consolidated financial statements reported in its Form 10-K for the period ended December 31, 2008, and is completing its Form 10-Q for the quarter ended March 31, 2009. In conjunction with these efforts, the Company is also in the process of completing its Form 10-Q for the quarter ended June 30, 2009.
As previously announced, on August 5, 2009, NASDAQ granted the Company a 180-calendar-day exception from the March 31, 2009 Form 10-Q filing deadline, or until November 16, 2009, to regain compliance with the Listing Rule. The Companys plan for regaining compliance with the Listing Rule, which addresses the filing requirements for its Form 10-Q, is applicable to both the quarters ended March 31, 2009 and June 30, 2009.
In response to this latest letter from NASDAQ, the Company is updating its original plan to regain compliance with the Listing Rule and will submit an updated plan to NASDAQ by August 27, 2009. Furthermore, the Company is taking all appropriate actions to regain compliance with the Listing Rule.
The Company issued a press release announcing its receipt of the letter from NASDAQ. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
The following exhibit is included with this Report:
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.