SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For: October 23, 2008
BONSO ELECTRONICS INTERNATIONAL INC.
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(Translation of Registrant's name into English)
Unit 1915-1916, 19/F, Delta House
3 On Yiu Street, Shek Mun,
Shatin, Hong Kong
(Address of principal executive offices)
[Indicate by check mark whether the Registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.]
Form 20-F [X] Form 40-F [ ]
[Indicate by check mark whether the Registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.]
Yes [ ] No [X]
Bonso Receives Notification from NASDAQ and Requests Hearing
TORTOLA, British Virgin Island, Oct. 23, 2008 (GLOBE NEWSWIRE) -- Bonso
Electronics International, Inc. (NasdaqGM:BNSO - News), announced today that on
October 21, 2008, the Company received a NASDAQ Staff Determination Letter
("Letter") indicating that the Company had failed to comply with NASDAQ's
requirements for continued listing as set forth in Marketplace Rule 4320(e)(12),
because the Company had not filed its Annual Report on Form 20-F for the fiscal
year ended March 31, 2008, with the United States Securities & Exchange
Commission ("SEC"). The Letter stated that trading of Bonso's common stock would
be suspended from trading at the opening of business on October 30, 2008, and
that NASDAQ would delist Bonso's common stock, unless Bonso requested an appeal
of this determination.
Bonso has requested a hearing before a NASDAQ Listing Qualifications Panel to
review the Staff Determination. There can be no assurance that the Panel will
grant the Company's request for continued listing.
The Company expects that it will be in compliance with Marketplace Rule
4320(e)(12) when it files its Form 20-F with the SEC, which the Company
anticipates filing prior to the hearing date.
This press release contains forward-looking statements within the meaning of
Section 21E of the Securities Exchange Act of 1934, as amended, relating to the
filing of the Company's periodic reports with the SEC and the listing of the
Company's securities with NASDAQ. These forward-looking statements are based on
current expectations and assumptions that are subject to risks and uncertainties
that could cause actual results to differ materially. These risks and
uncertainties include, among others, factors relating to (i) the possibility
that NASDAQ may reject the Company's request and, as a result, delist the
Company's common stock, (ii) in the event that the Company is successful in
obtaining its request from NASDAQ, the Company may still not be able to file the
requisite periodic reports on a timely basis in the future or otherwise comply
with the NASDAQ listing requirements, which may also result in the delisting of
the Company common stock and (iii) certain other risks detailed in the other
reports and filings with the SEC by the Company, which identify important risk
factors that could cause actual results to differ from those contained in the
forward-looking statements.
In addition, any forward-looking statements represent the Company's views only
as of today and should not be relied upon as representing views as of any
subsequent date. While the Company may elect to update forward-looking
statements from time to time, it specifically disclaims any obligation to do so.
Contact:
Bonso Electronics International, Inc.
Albert So, Financial Controller
852 2605 5822
Fax: 852 2691 1724
SIGNATURE
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, thereunto duly authorized.
BONSO ELECTRONICS INTERNATIONAL, INC.
(Registrant)
Date: October 23, 2008 By: /s/ Albert So
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Albert So, Financial Controller