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):  September 11, 2007

Senesco Technologies, Inc.

(Exact Name of Registrant as Specified in Charter)

Delaware

 

001-31326

 

84-1368850

(State or Other Jurisdiction
of Incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

 

 

 

 

303 George Street, Suite 420, New Brunswick, New Jersey

 

08901

(Address of Principal Executive Offices)

 

(Zip Code)

 

(732) 296-8400

(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 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 September 7, 2007, the Listing Qualifications Department of the American Stock Exchange (“AMEX”) notified Senesco Technologies, Inc. (the “Company”) that the AMEX accepted the Company’s plan of compliance and granted the Company an extension until March 1, 2008 to regain compliance with the AMEX’s continued listing standards.

As previously disclosed, on June 15, 2007, the Company received notice from the AMEX indicating that the Company was not in compliance with Section 1003(a)(ii) of the AMEX Company Guide (the “Rule”) with shareholder’s equity of less than $4,000,000 and losses from continuing operations and/or net losses in three of its four most recent fiscal years.  The Company was afforded the opportunity to submit a plan of compliance to the AMEX and on July 16, 2007 presented its plan to the AMEX.

The Company will be subject to periodic review by the AMEX during the extension period.  Failure to make progress consistent with the plan or to regain compliance with the continued listing standards by the end of the extension period could result in the Company being delisted from the AMEX.

Item 9.01               Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.

 

Description

 

 

 

99.1

 

Press Release, dated September 11, 2007 relating to the receipt of the AMEX notification.

 

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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.

SENESCO TECHNOLOGIES, INC.

 

 

 

 

Dated: September 11, 2007

By:

/s/ Bruce Galton

 

 

 

Name: Bruce Galton

 

 

Title: President and Chief Executive Officer

 

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