Psi Technologies Holdings Inc - Report of Foreign Issuer (6-K)
September 19 2008 - 8:00AM
Edgar (US Regulatory)
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 ACTS OF 1934
FOR THE MONTH OF SEPTEMBER 2008
PSi TECHNOLOGIES HOLDINGS,
INC.
(Exact name of Registrant as specified in its Charter)
NOT APPLICABLE
(Translation of Registrants name into
English)
Electronics Avenue
FTI Industrial Complex
Taguig, Metro Manila 1604, Philippines
(Address of Registrants principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover 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
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
82-
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: September 19, 2008
|
|
|
PSi TECHNOLOGIES HOLDINGS, INC.
|
|
|
By:
|
|
/s/ Arthur J. Young, Jr.
|
|
|
Arthur J. Young, Jr.
|
|
|
President and Chief Executive Officer
|
PSi TECHNOLOGIES WITHDRAWS REQUEST FOR NASDAQ HEARING
Manila, Philippines September 19, 2008 PSi Technologies Holdings, Inc. (the Company), (NASDAQ: PSIT),
an independent provider of
assembly and test services for the power semiconductor market, announced today Nasdaq has determined to delist the Companys securities from the Nasdaq Capital Market. Trading in the Companys securities will cease effective at the opening
of business on Monday, September 22, 2008.
The Company expects that, following the delisting, its outstanding American Depositary Shares
(ADSs) will be quoted in the Pink Sheets, subject to the interest of market makers. Information about the Pink Sheets can be found on its Internet web site at www.pinksheets.com.
About PSi Technologies
PSi Technologies is a focused independent
semiconductor assembly and test service provider to the power semiconductor market. The Company provides comprehensive package design, assembly and test services for power semiconductors used in telecommunications and networking systems, computers
and computer peripherals, consumer electronics, electronic office equipment, automotive systems and industrial products. For more information, visit the Companys website at www.psitechnologies.com or call:
|
|
|
At PSi Technologies Holdings, Inc.:
|
|
At Financial Relations Board:
|
Larry Cajucom
|
|
Lasse Glassen
|
(63 2) 838 4489
|
|
(213) 486 6546
|
lvcajucomjr@psitechnologies.com.ph
|
|
lglassen@frbir.com
|
This press release contains forward-looking statements, as the phrase is defined in
Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements relate to the Companys expectation that its ADSs will be available for trading on the Pink Sheets.
While these forward-looking statements represent the Companys current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors,
including, but not limited to, those described under the heading Risk Factors in the Companys most recent Annual Report on Form 20-F filed with the Securities and Exchange Commission (SEC), which may be revised or
supplemented in subsequent reports furnished to the SEC. These factors include, but are not limited to, the pace of development and market acceptance of the Companys products and the power semiconductor market generally, commercialization
and technological delays or difficulties, the impact of competitive products and technologies, competitive pricing pressures, manufacturing risks, the possibility of our products infringing patents and other intellectual property of third parties,
product defects, costs of product development, manufacturing and government regulation, risks inherent in emerging markets, including but not
limited to, currency volatility and depreciation, restricted access to financing and political and social unrest and the possibility that the initiatives
described herein may not produce the intended results. The Company undertakes no responsibility to update these forward-looking statements to reflect events or circumstances after the date hereof.
Psi Tech Hldgs (MM) (NASDAQ:PSIT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Psi Tech Hldgs (MM) (NASDAQ:PSIT)
Historical Stock Chart
From Sep 2023 to Sep 2024