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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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): September 6, 2001 (September 4, 2001)
New Century Equity Holdings Corp.
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(Exact Name of Registrant as Specified in Charter)
Delaware 000-28536 74-2781950
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
10101 Reunion Place, Suite 450, San Antonio, Texas 78216
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (210) 302-0444
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ITEM 5. OTHER EVENTS
On September 4, 2001, the Company received notice from The Nasdaq Stock
Market, Inc. ("Nasdaq") that its common stock failed to maintain the minimum
bid price of at least $1.00, as required by Nasdaq Marketplace Rule 4450(a)(5)
("Rule"), over a period of 30 consecutive trading days. Nasdaq has provided
the Company with 90 calendar days, or until December 3, 2001, to comply with
the Rule. If at any time before December 3, 2001, the bid price for the
Company's common stock is at least $1.00 for a minimum of 10 consecutive
trading days, the staff of Nasdaq will determine if the Company complies with
the Rule. If the Company is unable to demonstrate compliance with the Rule by
December 3, 2001, the Company's common stock will be subject to delisting from
Nasdaq. Any such determination of Nasdaq may be appealed by the Company to a
Nasdaq Listing Qualifications Panel.
ITEM 7. FINANCIAL INFORMATION, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Financial Information
Not applicable.
(b) Pro Forma Financial Information
Not applicable.
(c) Exhibits
Exhibit Description
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99.1 Press Release, dated September 5, 2001
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has caused this current report to be signed on its behalf by
the undersigned hereunto duly authorized.
NEW CENTURY EQUITY HOLDINGS CORP.
Date: September 6, 2001 By: /s/ DAVID P. TUSA
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Name: David P. Tusa
Title: Senior Vice President,
Chief Financial Officer and
Corporate Secretary
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INDEX TO EXHIBITS
Exhibit
Number Description
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99.1 Press Release, dated September 5, 2001