sec document
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
--------------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
March 25, 2003
--------------
Date of Report
(Date of earliest event reported)
Tidel Technologies, Inc.
------------------------
(Exact Name of Registrant as Specified in Charter)
Delaware 0-17288 75-2193593
--------------------------------------------------------------------------------
(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
5847 San Felipe, Suite 900, Houston, TX 77057
--------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
(713) 783-8200
--------------
Registrant's telephone number, including area code
Not Applicable
--------------
(Former Name or Former Address, if Changed Since Last Report.)
Item 5. Other Events and Required FD Disclosure.
---------------------------------------
On March 25, 2003, Tidel Technologies, Inc. (the "Company") issued a
press release, set forth as Exhibit 99.1 to this Current Report, announcing that
it has been notified by the Nasdaq Listing Qualifications Panel of its decision
to delist the Company's common stock from the Nasdaq SmallCap Market effective
with the open of business on March 26, 2003. Based on current market maker
activity and other current information, the Company believes it will continue to
have a market for its stock, which would trade on the National Quotation
Bureau's Pink Sheets, and will seek to arrange for one or more market makers to
quote its common stock on the Pink Sheets quotation service.
For additional information, reference is made to the press release
attached hereto as Exhibit 99.1.
Item 7. Financial Statements and Exhibits.
---------------------------------
(c) Exhibits
--------
Exhibit No. Exhibits
----------- --------
99.1 Press Release of Tidel Technologies, Inc.
dated March 25, 2003.
SIGNATURES
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.
TIDEL TECHNOLOGIES, INC.
Dated: March 25, 2003 By: /s/ Leonard Carr
------------------------------
Name: Leonard Carr
Title: Vice President