Kforce Inc. Faces Delisting Concerns

Ticker: KFRC · Form: 8-K · Filed: 2024-05-06T00:00:00.000Z

Sentiment: bearish

Topics: delisting, listing-standards, compliance

Related Tickers: KFRC

TL;DR

Kforce might be delisted - check their compliance status.

AI Summary

Kforce Inc. filed an 8-K on May 6, 2024, reporting a notice of delisting or failure to satisfy continued listing rules. The filing also includes Regulation FD disclosures and financial statements/exhibits. The earliest event reported in the filing is May 3, 2024.

Why It Matters

This filing indicates potential issues with Kforce Inc.'s compliance with stock exchange listing standards, which could impact its stock trading and investor confidence.

Risk Assessment

Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's stock trading and market perception.

Key Players & Entities

FAQ

What specific listing rule or standard has Kforce Inc. failed to satisfy?

The filing states 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard' but does not specify the exact rule or standard in the provided text.

What is the earliest date of an event reported in this 8-K filing?

The earliest event reported is May 3, 2024.

What is the filing date of this 8-K report?

The filing date is May 6, 2024.

What is Kforce Inc.'s SIC code?

Kforce Inc.'s Standard Industrial Classification (SIC) code is 7363, which corresponds to SERVICES-HELP SUPPLY SERVICES.

What are the other items included in this 8-K filing besides the delisting notice?

The filing also includes Regulation FD Disclosure and Financial Statements and Exhibits.

From the Filing

0000930420-24-000084.txt : 20240506 0000930420-24-000084.hdr.sgml : 20240506 20240506073018 ACCESSION NUMBER: 0000930420-24-000084 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240503 ITEM INFORMATION: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240506 DATE AS OF CHANGE: 20240506 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KFORCE INC CENTRAL INDEX KEY: 0000930420 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 593264661 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26058 FILM NUMBER: 24915579 BUSINESS ADDRESS: STREET 1: 1150 ASSEMBLY DRIVE STREET 2: SUITE 500 CITY: TAMPA STATE: FL ZIP: 33607 BUSINESS PHONE: 8135525000 MAIL ADDRESS: STREET 1: 8405 BENJAMIN ROAD STREET 2: SUITE G CITY: TAMPA STATE: FL ZIP: 33634 FORMER COMPANY: FORMER CONFORMED NAME: KFORCE INC DATE OF NAME CHANGE: 20000517 FORMER COMPANY: FORMER CONFORMED NAME: ROMAC INTERNATIONAL INC DATE OF NAME CHANGE: 19950502 8-K 1 kfrc-20240503.htm FORM 8-K kfrc-20240503 false 0000930420 0000930420 2024-05-03 2024-05-03 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 3, 2024   _________________________________________________________________   Kforce Inc . Exact name of registrant as specified in its charter _______________________________________________________________     Florida 000-26058 59-3264661 State or other jurisdiction of incorporation Commission File Number IRS Employer Identification No. 1150 Assembly Drive Suite 500 , Tampa , Florida 33607 Address of principal executive offices Zip Code Registrant’s telephone number, including area code: ( 813 )  552-5000   _______________________________________________________ Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.01 per share KFRC NASDAQ 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: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ 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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐ 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. ¨ Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On May 3, 2024, Kforce Inc. (the “Firm”), acting pursuant to authorization from its Board of Directors, notified the Nasdaq Stock Market LLC (“NASDAQ”) of its intention to voluntarily withdraw the listing of its common stock, par value $0.01 per share (the “Common Stock”) fro

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