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):

May 1, 2019

 

Rite Aid Corporation

(Exact name of registrant as specified in its charter)

 

Delaware

 

1-5742

 

23-1614034

(State or Other Jurisdiction
of Incorporation)

 

(Commission File Number)

 

(IRS Employer
Identification Number)

 

30 Hunter Lane, Camp Hill, Pennsylvania 17011

(Address of principal executive offices, including zip code)

 

(717) 761-2633

(Registrant’s telephone number, including area code)

 

N/A

(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 (see General Instruction A.2. below):

 

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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company     o

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.     o

 

 

 


 

Item 8.01.  Other Events.

 

On May 1, 2019, Rite Aid Corporation (the “Company”) issued a press release announcing that it had received notice from the New York Stock Exchange (the “NYSE”) that it has regained full compliance with the NYSE’s minimum average share price listing requirement.  Rule 802.01C of the NYSE’s Listed Company Manual requires that a company’s common stock trade at a minimum average closing price of $1.00 over a consecutive 30 trading-day period. The Company regained compliance after its closing share price on April 30, 2019 and its average closing share price for the consecutive 30-days of trading ending April 30, 2019 were both above $1.00 per share. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

 

Item 9.01.                                         Financial Statements and Exhibits.

 

(d) Exhibits.

 

99.1

 

Press Release, dated May 1. 2019

 

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 hereto duly authorized.

 

Date: May 1, 2019

By:

/s/ James J. Comitale

 

Name:

James J. Comitale

 

Title:

Senior Vice President, General Counsel

 

2


Exhibit 99.1

 

 

Press Release

For Further Information Contact:

 

INVESTORS:

MEDIA:

Byron Purcell

Susan Henderson

(717) 975-5809

(717) 730-7766

 

FOR IMMEDIATE RELEASE

 

Rite Aid Regains Full Compliance with NYSE Minimum Average Share Price Listing Standard

 

CAMP HILL, Pa. (May 1, 2019) — Rite Aid Corporation (NYSE: RAD) announced today that the New York Stock Exchange (NYSE) has notified the company that it is has regained full compliance with NYSE minimum average share price listing requirements.

 

Rite Aid received written notification on May 1, 2019 that it has regained compliance after the Company’s average stock price for the 30-trading days ended April 30, 2019 was above the NYSE’s minimum requirement of $1. The company, which has continued to trade on the NYSE, is now in compliance with all NYSE listing rules.

 

About Rite Aid Corporation

 

Rite Aid Corporation (NYSE: RAD) is one of the nation’s leading drugstore chains with fiscal 2019 annual revenues of $21.6 billion. Information about Rite Aid, including corporate background and press releases, is available through the company’s website at www.riteaid.com.

 

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