UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): July 3, 2003
SPAR Group, Inc.
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-27824 33-0684451
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(State or Other Jurisdiction (Commission (IRS Employer
of Incorporation) File No.) Identification No.)
580 White Plains Road, Tarrytown, New York 10591
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (914) 332-4100
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
Item 5. Other Events
The common stock, par value $.01 per share (the "Common Stock"), of
SPAR Group, Inc. (the "Company"), commenced trading on the NASDAQ National
Market as of July 3, 2003. The Common Stock, which was trading on the NASDAQ
SmallCap Market, will continue to trade under the ticker symbol SGRP on the
NASDAQ National Market.
Item 7. Financial Statements, Pro Forma Financial information and Exhibits.
(a) Exhibits
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99.1 Press Release dated July 7, 2003
SIGNATURES
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Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
Dated: July 7, 2003
SPAR Group, Inc.
By: /s/ Charles Cimitile
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Name: Charles Cimitile
Title: Chief Financial Officer
Exhibit Index
Exhibit No. Description
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99.1 Press Release dated July 7, 2003
Exhibit 99.1
SPAR GROUP SECURITIES MOVE UP TO NASDAQ NATIONAL MARKET
TARRYTOWN, N.Y.-- (BUSINESS WIRE) -- July 7, 2003 -- SPAR Group, Inc. (Nasdaq:
SGRP - News) today announced that NASDAQ has approved its application for
listing its common stock on the NASDAQ National Market; trading began on July 3,
2003. The company's common stock had been trading on the NASDAQ SmallCap Market.
The trading symbol will remain the same, SGRP.
"We are very pleased to be moving up to NASDAQ's National Market, which
we believe reflects SPAR Group's growth over recent years," said Bob Brown, SPAR
Group's chairman and chief executive officer. "Our new trading venue will
broaden SPAR Group's recognition in the public company marketplace and our reach
to investors."
SPAR Group, Inc. is a diversified marketing services company, providing
a broad array of productivity enhancing products and services to help Fortune
1000 companies improve their sales, operating efficiency and profits. The
company provides in-store merchandising, database and research services to
general retail, mass market, drug and grocery chains throughout the United
States and internationally.
Certain statements in this news release are forward-looking and involve
a number of risks and uncertainties, both known and unknown. Such statements
include, but are not limited to the new trading venue broadening the company's
reach to investors, along with other factors that could effect future results,
performance or trends, some of which are discussed in SPAR Group's annual report
on Form 10-K, quarterly reports on Form 10-Q, and other filings made with the
Securities and Exchange Commission from time to time.