8-KRegulation FDExhibits & Filings

CHARTER COMMUNICATIONS, INC. /MO/ 8-K Report, Regulation FD Disclosure (May 16, 2008)

Filed May 16, 2008For Securities:CHTR

Summary

Charter Communications, Inc. (CHTR) filed an 8-K on May 16, 2008, to disclose a significant development regarding its stock listing. The company received notification from The NASDAQ Stock Market on May 13, 2008, confirming that its Class A common stock has met the minimum bid price requirement for continued listing on the NASDAQ Global Select Market. This compliance was achieved after the stock closed at or above $1.00 per share for at least 10 consecutive business days. This news is crucial for investors as it alleviates immediate concerns about potential delisting, which could negatively impact liquidity and shareholder value. Maintaining a listing on a major exchange like NASDAQ is generally viewed positively by the market and signifies a level of stability for the company's securities. The attached press release further elaborates on this compliance.

Key Highlights

  • 1Charter Communications received notification of compliance with NASDAQ's minimum bid price requirement on May 13, 2008.
  • 2The company's Class A common stock has closed at or above $1.00 for a minimum of 10 consecutive business days.
  • 3This compliance ensures continued inclusion on the NASDAQ Global Select Market.
  • 4The 8-K filing includes a press release dated May 14, 2008, detailing this compliance.
  • 5The event addresses a key listing requirement, potentially easing investor concerns about delisting.

Frequently Asked Questions

The main purpose of this 8-K filing is to inform investors that Charter Communications, Inc. has regained compliance with NASDAQ's minimum bid price requirement, thereby ensuring its continued listing on the NASDAQ Global Select Market.

Charter Communications met the requirement for its Class A common stock to close at a bid price of $1.00 or more per share for a minimum of 10 consecutive business days.

Compliance with the minimum bid price is important because failure to meet this requirement could lead to delisting from the NASDAQ exchange. Delisting can reduce stock liquidity, make it harder for investors to trade shares, and potentially decrease the stock's market value.

Remaining on the NASDAQ Global Select Market signifies that the company's stock continues to meet the exchange's stringent listing standards. This helps maintain the stock's visibility, credibility, and accessibility for investors, which is generally considered favorable for the company and its shareholders.