UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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)       November 4, 2009 
 
 
  First National Bancshares, Inc. 
(Exact name of registrant as specified in its charter)
 
 
  South Carolina 
(State or other jurisdiction of incorporation)
 
 
000-30523
58-2466370
(Commission File Number)
(IRS Employer Identification No.)
 
 
215 North Pine Street, Spartanburg, S.C.
29302
(Address of principal executive offices)
(Zip Code)
 
 
  (864) 948-9001 
(Registrant's telephone number, including area code)
 
 
  Not Applicable 
(Former name or former address, if changed since last report)
 
 
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):
 
 
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
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Item 3.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 
On November 10, 2009, First National Bancshares, Inc. (the “ Company ” ), holding company for First National Bank of the South, issued a press release announcing its intent to submit an application to transfer its listing to the NASDAQ Capital Market.
 
On November 4, 2009, the Company received a letter from The NASDAQ Stock Market stating that the Company has not maintained a minimum of $10,000,000 in stockholders ’ equity, as required for continued inclusion on the NASDAQ Global Market by NASDAQ Listing Rule 5450(b)(1)(A).

A copy of the press release announcing this matter is attached hereto as Exhibit 99.1.

Item 9.01
Financial Statements and Exhibits
   
(d)
Exhibits
 
The following exhibit is filed as part of this report:
 
Exhibit
 
Number
Description
   
99.1
Press Release of First National Bancshares, Inc. dated November 10, 2009.
 

 
 

 
 

 
 

 
 

 
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SIGNATURES
 
        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.
 
 
FIRST NATIONAL BANCSHARES, INC.
   
    
 
 
     
 
By:   
  /s/ Kitty B. Payne                                      
 
Name
Kitty B. Payne
 
Title:   
Executive Vice President/Chief Financial Officer
     
Dated:  November 10, 2009
   

 

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

 
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EXHIBIT INDEX

Exhibit Number
Description
   
99.1
Press Release of First National Bancshares, Inc. dated November 10, 2009.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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