Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing On June 24, 2015, Local Corporation (the “Company”) received a notice of delisting letter from The NASDAQ Stock Market LLC (“NASDAQ”) indicating that, based on the Company’s filing for protection under Chapter 11 of the U.S. Bankruptcy Code and in accordance with NASDAQ Listing Rules 5101, 5110(b), and IM-5101-1, the NASDAQ staff has determined that the Company’s securities will be delisted from The Nasdaq Stock Market. Trading of the Company’s common stock will be suspended at the opening of business on July 6, 2015, and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market. The Company does not intend to appeal this matter with the NASDAQ.
Company: LOCAL CORP (LOCM) Form Type: 8-K Filing Date: 6/26/2015 CIK: 0001259550
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