Weyco Group Faces Delisting/Listing Rule Issues

Ticker: WEYS · Form: 8-K · Filed: 2025-03-12T00:00:00.000Z

Sentiment: bearish

Topics: delisting, listing-rules, compliance

TL;DR

Weyco Group's stock might be delisted or facing listing rule violations.

AI Summary

Weyco Group, Inc. filed an 8-K on March 12, 2025, reporting a notice of delisting or failure to satisfy a continued listing rule or standard, and a transfer of listing, effective March 4, 2025. The company, incorporated in Wisconsin, is involved in the wholesale of apparel and notions.

Why It Matters

This filing indicates potential issues with Weyco Group's compliance with stock exchange listing requirements, which could impact its stock's tradability and investor confidence.

Risk Assessment

Risk Level: high — Delisting or failure to meet listing standards poses a significant risk to the company's stock liquidity and market perception.

Key Players & Entities

FAQ

What specific listing rule or standard has Weyco Group failed to satisfy?

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

What is the effective date of the delisting or listing rule issue?

The earliest event reported is March 4, 2025.

When was this 8-K filing submitted to the SEC?

The filing was submitted on March 12, 2025.

What is Weyco Group's primary business sector?

Weyco Group is in the Wholesale - Apparel, Piece Goods & Notions sector (SIC 5130).

Where is Weyco Group headquartered?

Weyco Group's principal executive offices are located at 333 W. Estabrook Blvd., Glendale, WI 53212.

From the Filing

0001558370-25-002805.txt : 20250312 0001558370-25-002805.hdr.sgml : 20250312 20250312160513 ACCESSION NUMBER: 0001558370-25-002805 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250304 ITEM INFORMATION: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing FILED AS OF DATE: 20250312 DATE AS OF CHANGE: 20250312 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WEYCO GROUP INC CENTRAL INDEX KEY: 0000106532 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-APPAREL, PIECE GOODS & NOTIONS [5130] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 390702200 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-09068 FILM NUMBER: 25731718 BUSINESS ADDRESS: STREET 1: 333 W ESTABROOK BOULEVARD CITY: GLENDALE STATE: WI ZIP: 43312 BUSINESS PHONE: 4149081600 MAIL ADDRESS: STREET 1: 333 W ESTABROOK BOULEVARD CITY: GLENDALE STATE: WI ZIP: 43312 FORMER COMPANY: FORMER CONFORMED NAME: WEYENBERG SHOE MANUFACTURING CO DATE OF NAME CHANGE: 19900514 8-K 1 weys-20250304x8k.htm 8-K WEYCO GROUP, INC._March 4, 2025 0000106532 false 0000106532 2025-03-04 2025-03-04 ​ 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):   March 4, 2025 ​ WEYCO GROUP, INC. (Exact name of registrant as specified in its charter) ​ Wisconsin   0-9068   39-0702200 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) ​ ​ ​ ​ ​ 333 W. Estabrook Blvd. Glendale , WI   53212 (Address of principal executive offices)   (Zip Code) ​ Registrant’s telephone number, including area code: ( 414 ) 908-1600 ​ (Former name or former address, if changed since last report.) ​ Securities registered pursuant to Section 12(b) of the Act: ​ Title of each class Trading Symbol Name of each exchange on which registered Common Stock - $1.00 par value per share WEYS The Nasdaq Stock Market ​ 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 240.13a-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 or Rule 12b-2 of the Securities Exchange Act of 1934. ​ 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. ​ Failure to Satisfy a Continued Listing Rule or Standard ​ On March 3, 2025, Weyco Group, Inc. (the “Company”) notified The Nasdaq Stock Market LLC (“Nasdaq”) that, because of the resignation of Mr. Robert Feitler from the Company’s Board of Directors (the “Board”) effective February 28, 2025, as disclosed in Item 5.02 of Form 8-K filed on March 5,

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