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: April 30, 2003
CALLOWAY'S NURSERY, INC.
(Exact name of registrant as specified in its charter)
Texas
(State or other jurisdiction of incorporation or organization)
0-19305
(Commission File Number)
75-2092519
(IRS Employer Identification Number)
4200 Airport Freeway, Suite 200
Fort Worth, Texas 76106-1911
(Address of principal executive offices, including zip code)
817.222.1122
(Registrant's telephone number, including area code)
Item 5. OTHER EVENTS
On October 24, 2002 the Company received a letter from NASDAQ indicating that
the Company's common stock had closed below the minimum $1.00 per share
requirement for continued inclusion under Marketplace Rule 4310(c)(4), and that
the Company would be provided 180 calendar days, or until April 22, 2003, to
demonstrate compliance.
On April 23, 2003 the Company received a letter from NASDAQ indicating that the
Company meets the initial listing requirements for the NASDAQ SmallCap Market
under Marketplace Rule 4310(c)(2)(A). Since the Company meets the initial
listing requirements, the Company was granted an additional 180 calendar day
grace period, or until October 20, 2003, to demonstrate compliance.
If compliance with the aforementioned rule cannot be demonstrated by October 20,
2003, the NASDAQ will again determine whether the Company meets the initial
listing requirements; if so, the Company will then be granted an additional 90
calendar day grace period to demonstrate compliance.
CALLOWAY'S NURSERY, INC.
By: /s/ James C. Estill
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James C. Estill
President and Chief Executive Officer
By:/s/ Daniel G. Reynolds
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Daniel G. Reynolds
Vice President and Chief Financial Officer