UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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): | December 16, 2008 |
MoneyGram International, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
Delaware | 1-31950 | 16-1690064 |
_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
1550 Utica Avenue South, Suite 100, Minneapolis, Minnesota | 55416 | |
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
Registrants telephone number, including area code: | 952-591-3000 |
Not Applicable
______________________________________________
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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On December 16, 2008, MoneyGram International, Inc. (the "Company") was notified by the New York Stock Exchange ("NYSE") that it was not in compliance with the NYSE’s continued listing standard requiring that stocks trade at a minimum average closing price of $1.00 per share over a consecutive 30-day trading period.
Under NYSE rules, the Company has a period of six months from the date of notification to bring the average share price back above $1.00. During this period, the Company’s common stock will continue to be listed on the NYSE subject to the Company’s compliance with other NYSE continued listing standards. As required by the NYSE, in order to maintain the listing, the Company will notify the NYSE by December 31, 2008 that it intends to cure the price deficiency.
A copy of the press release is filed herewith as Exhibit 99.1.
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.
MoneyGram International, Inc. | ||||
December 22, 2008 | By: |
/s/ Teresa H. Johnson
|
||
|
||||
Name: Teresa H. Johnson | ||||
Title: Executive Vice President, General Counsel and Secretary |
Exhibit Index
Exhibit No. | Description | |
|
|
|
99.1
|
Press Release dated December 22, 2008 |