<SEC-DOCUMENT>0000950123-11-060491.txt : 20110621
<SEC-HEADER>0000950123-11-060491.hdr.sgml : 20110621
<ACCEPTANCE-DATETIME>20110621154334
ACCESSION NUMBER:		0000950123-11-060491
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20110617
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:		20110621
DATE AS OF CHANGE:		20110621

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICAN SUPERCONDUCTOR CORP /DE/
		CENTRAL INDEX KEY:			0000880807
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTORS & GENERATORS [3621]
		IRS NUMBER:				042959321
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19672
		FILM NUMBER:		11923446

	BUSINESS ADDRESS:	
		STREET 1:		SIXTY FOUR JACKSON ROAD
		CITY:			DEVENS
		STATE:			MA
		ZIP:			01434
		BUSINESS PHONE:		9788423000

	MAIL ADDRESS:	
		STREET 1:		SIXTY FOUR JACKSON ROAD
		CITY:			DEVENS
		STATE:			MA
		ZIP:			01434
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>b87047e8vk.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<HTML>
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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>








<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>FORM 8-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>CURRENT REPORT<BR>
Pursuant to Section&nbsp;13 or 15(d) of<BR>
The Securities Exchange Act of 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Date of Report (Date of earliest event reported):<BR>
June&nbsp;17, 2011</B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>American Superconductor Corporation</B>
</DIV>

<DIV align="center" style="font-size: 10pt">
(Exact name of registrant as specified in its charter)</DIV>


<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="30%">&nbsp;</TD>
</TR>
<TR></TR>
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<TR valign="bottom">
    <TD align="center" valign="top"><B>Delaware</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>0-19672</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>04-2959321</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(State or other jurisdiction <BR>
of incorporation)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Commission<BR>
File Number)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(IRS Employer<BR>
Identification No.)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD align="center" valign="top"><B>64 Jackson Road <BR>
Devens, Massachusetts</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="bottom"><B>01434</B></TD>
</TR>
<TR style="font-size: 1px">
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Address of principal executive offices)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Zip Code)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
Registrant&#146;s telephone number, including area code <U><B>(978)&nbsp;842-3000</B></U></DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt">
Not Applicable<BR>

(Former name or former address, if changed since last report.)</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">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):</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD valign="top"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Written communications pursuant to Rule&nbsp;425 under the Securities Act (17 CFR 230.425)
</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD valign="top"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Soliciting material pursuant to Rule&nbsp;14a-12 under the Exchange Act (17 CFR 240.14a-12)
</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD valign="top"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
</TD>
</TR>
</TABLE>
</DIV>

<DIV align="left" style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; background: transparent; color: #000000">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD></TD>
</TR>

<TR>
    <TD valign="top"><FONT style="font-family: Wingdings">&#111;</FONT></TD>
    <TD>&nbsp;</TD>
    <TD>Pre-commencement communications pursuant to Rule&nbsp;13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
</TD>
</TR>
</TABLE>
</DIV>


<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>







<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;
Transfer of Listing.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">On June&nbsp;17, 2011, American Superconductor Corporation (the &#147;Company&#148;) received notice from the
NASDAQ Stock Market (&#147;NASDAQ&#148;) stating that the Company is not in compliance with Listing Rule
5250(c)(1) for continued listing due to the Company&#146;s inability to file with the Securities and
Exchange Commission (the &#147;Commission&#148;) the Company&#146;s Annual Report on Form 10-K for the year ended
March&nbsp;31, 2011 on a timely basis. The notification was issued in accordance with standard NASDAQ
procedures and has no immediate effect on the listing or trading of the Company&#146;s common stock on
the NASDAQ Global Select Market. The NASDAQ letter indicated that the Company has until August&nbsp;16,
2011 to regain compliance or submit a plan explaining how it expects to regain compliance. If
NASDAQ approves the Company&#146;s plan, it can grant an exception of up to 180 calendar days from the
due date of the Form 10-K (or until December&nbsp;14, 2011) to regain compliance.</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;7.01. Regulation&nbsp;FD Disclosure.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Company issued a press release on June&nbsp;21, 2011, disclosing its receipt of the NASDAQ letter. A
copy of the press release is attached as Exhibit&nbsp;99.1.</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Item&nbsp;9.01. Financial Statements and Exhibits.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(d)&nbsp;Exhibits:</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TR valign="bottom">
    <TD width="2%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="84%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" colspan="3"><B>Exhibit</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" colspan="3" style="border-bottom: 1px solid #000000"><B>No.</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Description</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">99.1</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD valign="top" style="font-size: 10pt">&nbsp;</TD>
    <TD valign="top" style="font-size: 10pt"><DIV style="margin-left:0px; text-indent:-0px">Press Release, dated June&nbsp;21, 2011.</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->2<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;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 hereunto duly authorized.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left" nowrap>AMERICAN SUPERCONDUCTOR CORPORATION<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">Date: June 21, 2011&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left"><I>/s/ David A. Henry</I>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left">David A. Henry&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align="left"><I>Senior Vice
President and Chief
Financial Officer</I>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>


<P align="center" style="font-size: 10pt"><!-- Folio -->3<!-- /Folio -->
</DIV>




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<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;99.1</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%"></TD>
    <TD width="5%"></TD>
    <TD width="47%"></TD>
</TR>
<!-- End Table Head -->
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<TR valign="bottom"><!-- Blank Space -->
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><IMG src="b87047b8704700.gif" alt="(AMIRICAN SUPERCONDUCTOR LOGO)">
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="BOTTOM">Press Release</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>AMSC RECEIVES NASDAQ NOTIFICATION LETTER</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DEVENS, Mass., June&nbsp;21, 2011 </B>&#151; American Superconductor Corporation (NASDAQ: AMSC), a global
power technologies company, today announced that it received a letter on June&nbsp;17, 2011 from the
Listing Qualifications Department of the NASDAQ Stock Market (&#147;NASDAQ&#148;) advising the company that,
due to its inability to file its Annual Report on Form 10-K for its fiscal year ended March&nbsp;31,
2011 on a timely basis, the company is not in compliance with NASDAQ Listing Rule&nbsp;5250(c)(1) for
continued listing. This notification was issued in accordance with standard NASDAQ procedures and
has no immediate effect on the listing of the company&#146;s common stock. The NASDAQ letter indicated
that the company has until August&nbsp;16, 2011 to regain compliance or submit a plan explaining how it
expects to regain compliance. If NASDAQ approves AMSC&#146;s plan, it can grant the company an extension
of up to 180 calendar days from the due date of the Form 10-K (or until December&nbsp;14, 2011) to
regain compliance.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">As previously disclosed in the company&#146;s Form 12b-25 filed with the Securities and Exchange
Commission on May&nbsp;31, 2011, AMSC has not yet completed the preparation of its financial statements
for the fiscal year ended March&nbsp;31, 2011. Additional time is required to complete the preparation
and audit of these financial statements as a result of the review of certain revenues associated
with shipments to customers in China during the second, third and fourth fiscal quarters of the
fiscal year ended March&nbsp;31, 2011.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><U><B>About American Superconductor (NASDAQ: AMSC)</B></U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">AMSC offers an array of proprietary technologies and solutions spanning the electric power
infrastructure &#151; from generation to delivery to end use. The company is a leader in <U>renewable
energy</U>, providing proven, megawatt-scale wind turbine designs and electrical control systems.
The company also offers a host of <U>Smart Grid</U> technologies for power grid operators that
enhance the reliability, efficiency and capacity of the grid, and seamlessly integrate renewable
energy sources into the power infrastructure. These include superconductor power cable systems,
grid-level surge protectors and power electronics-based voltage stabilization systems. AMSC&#146;s
technologies are protected by a broad and deep intellectual property portfolio consisting of
hundreds of patents and licenses worldwide. More information is available at <U>www.amsc.com</U>.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"># # # #
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>American Superconductor and design, Revolutionizing the Way the World Uses Electricity, AMSC,
Powered by AMSC, Amperium, D-VAR, dSVC, FaultBlocker, PowerModule, PowerPipelines, PQ-IVR, PQ-SVC,
SeaTitan, SolarTie, SuperGEAR and Windtec and design are trademarks or registered trademarks of
American Superconductor Corporation or its subsidiaries. All other brand names, product names or
trademarks belong to their respective holders.</I>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>Any statements in this release about future expectations, plans and prospects for the company,
including without limitation our expectations regarding the filing of our Annual Report on Form
10-K for the fiscal year ended March&nbsp;31, 2011, the financial performance of the company and other
statements containing the words &#147;believes,&#148; &#147;anticipates,&#148; &#147;plans,&#148; &#147;expects,&#148; &#147;will&#148; and similar
expressions, constitute forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. There are a number of important factors that could materially impact
the value of our common stock or cause actual results to differ materially from those indicated by
such forward-looking statements. Such factors include: we may be subject to restatement of
financial information from prior periods, identification of deficiencies in our internal control
over financial reporting or disclosure control and procedures, and/or additional unanticipated
accounting, audit and internal control issues; we have a history of operating losses, and we may
incur losses in the future; our operating results may fluctuate significantly </I>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt">AMSC Receives NASDAQ Notification Letter
</DIV>
<DIV align="right" style="font-size: 10pt; margin-top: -6pt">Page 2</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>from quarter to
quarter and may fall below expectations in any particular fiscal quarter, including any
expectations resulting from financial guidance issued by us; a significant portion of our revenues are derived from a
single customer, Sinovel, and revenues from this customer may decline in future periods; any
failure by this customer (or other customers) to honor contractual obligations to accept products
or to pay for products may have a material adverse impact on our financial condition or results
from operations; adverse changes in domestic and global economic conditions could adversely affect
our business; changes in exchange rates could adversely affect our financial results; we may not
realize all of the sales expected from our backlog of orders and contracts; we rely upon third
party suppliers for the components and subassemblies of many of our products, making us vulnerable
to supply shortages and price fluctuations; we may require significant additional funding and may
be unable to raise capital when needed, which could force us to delay, reduce, or eliminate planned
activities, including the planned acquisition of The Switch; failure to complete the planned
acquisition of The Switch could harm our operating results and could cause our stock price to
decline; completion of the planned acquisition of The Switch could present certain risks to our
business; we may acquire additional complementary businesses or technologies that may require us to
incur substantial costs for which we may never realize the anticipated benefits; our common stock
has experienced, and may continue to experience, significant market price and volume fluctuations,
which may prevent our stockholders from selling our common stock at a profit and could lead to
costly litigation against us that could divert our management&#146;s attention; if we fail to implement
our business strategy, our financial performance could be harmed and our growth could slow or stop;
our products face intense competition, which could limit our ability to acquire or retain
customers; our international operations are subject to risks that we do not face in the U.S., which
could have an adverse effect on our operating results; we depend on sales to China, and global
conditions could negatively affect our operating results or limit our ability to expand our
operations outside of China; changes in China&#146;s political, social, regulatory and economic
environment may affect our financial performance; problems with product quality or product
performance may cause us to incur warranty expenses and may damage our market reputation and
prevent us from achieving increased sales and market share; our success in addressing the wind
energy market is dependent on the manufacturers that license our designs; we have been named as a
party to purported stockholder class actions and a shareholder derivative complaints, and we may be
named in additional litigation, all of which will require significant management time and attention
and result in significant legal expenses and may result in an unfavorable outcome, which could have
a material adverse effect on our business, operating results and financial condition; we have not
manufactured our Amperium wire in commercial quantities, and a failure to manufacture our Amperium
wire in commercial quantities at acceptable cost and quality levels would substantially limit our
future revenue and profit potential; and our patents may not provide meaningful protection for our
technology, which could result in us losing some or all of our market position. Reference is made
to many of these factors and others in the &#147;Risk Factors&#148; section of the company&#146;s most recent
quarterly or annual report filed with the Securities and Exchange Commission. In addition, any
forward-looking statements included in this press release represent the company&#146;s views as of the
date of this release. While the company anticipates that subsequent events and developments may
cause the company&#146;s views to change, the company specifically disclaims any obligation to
update these forward-looking statements. These forward-looking statements should not be relied upon as
representing the company&#146;s views as of any date subsequent to the date this press release is
issued.</I>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>AMSC Contact:</B><BR>
Jason Fredette<BR>
Phone: 978-842-3177<BR>
Email: jfredette@amsc.com

</DIV>


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`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
