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):
October 5, 2009
Mesa Air Group, Inc.
410 North 44th Street, Suite 700
(Exact name of registrant as specified in its charter)
Phoenix, Arizona 85008
(Address of principal executive offices including zip code)
(602) 685-4000
(Registrant's telephone number, including area code)
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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o 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 October 5, 2009, Mesa Air Group, Inc. received notice from the Listing Qualifications Department of The
NASDAQ Stock Market that its application to transfer the listing of its common stock from the NASDAQ Global Market to the NASDAQ
Capital Market had been approved. The transfer will be effective at the opening of the market on October 7, 2009. The Company will
continue to trade under the symbol "MESA." The Company believes it is in compliance with the minimum stockholders' equity requirement and all other applicable criteria for
continued listing on The NASDAQ Capital Market, except for the $1.00 minimum bid price requirement. The Company expects to have
at least 180 days to meet the $1.00 bid price requirement. The Company issued a press release relating to the transfer to The NASDAQ Capital Market on October 5, 2009, which is attached
hereto as Exhibit 99.1. Item 9.01 Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 99.1 Press release, dated October 5, 2009
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 thereunto duly authorized.
Date: October 5, 2009
MESA AIR GROUP, INC.
By: /s/ BRIAN S. GILLMAN
Name: BRIAN S. GILLMAN
Title: Executive Vice President and General Counsel
EXHIBIT INDEX
|
Exhibit No. |
Description |
|
99.1 |
Press release, dated October 5, 2009 Also provided in PDF format as a courtesy. |
Exhibit 99.1
|
Mesa Air Group, Inc. to Transfer to The NASDAQ Capital Market |
PHOENIX, October 5, 2009 - Mesa Air Group, Inc. (NASDAQ: MESA) (the "Company") announced today that it has received approval from The NASDAQ Stock Market LLC of the application to transfer the listing of its common stock from The NASDAQ Global Market to The NASDAQ Capital Market. The transfer will be effective at the opening of the market on October 7, 2009. The Company's stock will continue to trade under the symbol MESA with no impact on the ability of investors to trade the stock.
The NASDAQ Capital Market is a continuous trading market that operates in the same manner as The NASDAQ Global Market. All companies listed on The NASDAQ Capital Market must meet certain financial requirements and comply with NASDAQ's corporate governance standards.
In accordance with NASDAQ rules, Mesa expects to be granted an additional 180 days from October 2, 2009, or until April 1, 2010, to demonstrate compliance with the minimum bid price requirement of The NASDAQ Capital Market.
Mesa currently operates 136 aircraft with approximately 800 daily system departures to 126 cities, 40 states, Canada, and Mexico. Mesa operates as Delta Connection, US Airways Express and United Express under contractual agreements with Delta Air Lines, US Airways and United Airlines, respectively, and independently as Mesa Airlines and go!. In June 2006 Mesa launched inter-island Hawaiian service as go!. This operation links Honolulu to the neighbor island airports of Hilo, Kahului, Kona and Lihue. The Company, founded by Larry and Janie Risley in New Mexico in 1982, has approximately 3,700 employees and was awarded Regional Airline of the Year by Air Transport World magazine in 1992 and 2005.
http://www.mesa-air.com
SOURCE: Mesa Air Group, Inc.
CONTACT: Brian S. Gillman, EVP & General Counsel of Mesa Air Group, Inc., +1-602-685-4052, brian.gillman@mesa-air.com