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): June 11, 2002
KFX INC.
(Exact name of Registrant as specified in its charter)
Delaware 0-23634 84-1079971
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(State or other jurisdiction of Commission File Number IRS Employer
incorporation or organization) Identification Number
3300 East 1st Avenue, Suite 290 Denver,
Colorado, USA 80206
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(Address of principal executive offices) (Zip Code)
(303) 293-2992
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(Registrant's telephone number,
including area code)
not applicable_
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS
As described in its press release dated June 18, 2002, KFx Inc. ("KFx" or
the "Company") received notice from the Staff of the American Stock
Exchange ("AMEX"), by letter dated June 11, 2002, that the AMEX has
accepted the Company's plan to bring itself into compliance with the AMEX
continued listing standards by September 30, 2002. The Company's plan was
submitted to the AMEX, on April 22, 2002, in response to a request
contained in a letter to KFx dated March 15, 2002, which informed KFx that
the Company was not in compliance with the continued listing standard that
requires the Company to have stockholders' equity of not less than $6
million. KFx will be subject to periodic review by the AMEX staff during
the period ending September 30, 2002.
KFx management continues to work toward achieving the Company's plan that
was submitted to the AMEX with the goal of meeting the continued listing
standard requirement by September 30, 2002. Since the submission of the
Company's plan, KFx has received $11 million through the private placement
of the Company's common stock to a group of investors. This investor group
has the option to invest an additional $9 million prior to July 31, 2002.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits.
Number Description
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99.1 Press Release, dated June 18, 2002
SIGNATURE
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 thereunto duly authorized.
Date: June 19, 2002 KFx Inc.
(Registrant)
By:
/s/ Patrick S. Flaherty
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Patrick S. Flaherty
Vice President-Finance and Chief
Financial Officer
EXHIBIT INDEX
Number Description
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99.1 Press Release, dated June 18, 2002