VATE

Business Context and Reporting Period

This Form 8-K was filed by PTGi Holding, Inc. on November 8, 2013. The report primarily addresses the Company's decision to voluntarily delist its common stock from the New York Stock Exchange (NYSE) and deregister under the Securities Exchange Act of 1934. The filing also references the submission of the Form 10-Q for the quarter ended September 30, 2013.

Key Financial Metrics

The filing text does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the referenced Form 10-Q and the press release included as Exhibit 99.1, which are incorporated by reference but not detailed in this specific 8-K text.

Material Changes and Corporate Actions

• Voluntary Delisting: The Board of Directors approved a plan to voluntarily delist common stock from the NYSE.
• SEC Deregistration: The Company intends to terminate its registration under the Exchange Act, ending obligations to file periodic reports (10-K, 10-Q, 8-K).
• Timeline:
  • Form 25 (withdrawal of listing) expected to be filed on or about November 18, 2013.
  • Delisting expected to become effective 10 days after Form 25 filing.
  • Form 15 (deregistration) expected to be filed on or about December 3, 2013.
  • Termination of registration expected to become effective 90 days after Form 15 filing.

Guidance, Outlook, and Risks

Management commentary indicates the initiative is intended to reduce costs. The primary risk disclosed is the cessation of public reporting obligations and the removal of the stock from a major exchange. The filing explicitly states that the information provided is "furnished" and not "filed" for purposes of Section 18 of the Exchange Act, limiting liability.

Investor Verification Checklist

• Verify the exact effective dates of the NYSE delisting and SEC deregistration by monitoring the filing of Form 25 and Form 15.
• Review the full text of the press release (Exhibit 99.1) for specific financial results of the quarter ended September 30, 2013, which are not detailed in this 8-K.
• Confirm the Company's status as a private entity following the effective date of deregistration and the implications for shareholder liquidity.
• Check for any dissenting shareholder actions or legal challenges regarding the voluntary delisting plan.