UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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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:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 3.01 NOTICE OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING
As previously reported, on November 20, 2023, the Company received a notice (“November 20, 2023 Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that as the Company had not yet filed its Form 10-Q for the period ended September 30, 2023, such matter served as a basis for delisting the Company’s securities from Nasdaq. The November 20, 2023 Notice has no immediate effect on the listing or trading of the Company’s securities.
As previously reported, on November 30, 2023 and December 4, 2023, the Company received notices from Nasdaq notifying the Company of the failures to comply with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) and with the minimum market value under Nasdaq Listing Rule 5500(a)(5), respectively. On December 18, 2023, the Company received a letter from Nasdaq informing the Company that it had regained compliance with both Nasdaq Listing Rules 5550(a)(2) and 5550(a)(5).
The Company is currently not in compliance with Nasdaq as it pertains the November 20, 2023 Notice as aforementioned. The Company is working diligently to complete the Form 10-Q and anticipates filing the Form 10-Q as soon as it is able. The November 20, 2023 Notice has no immediate effect on the listing or trading of the Company’s securities.
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 hereunto duly authorized.
| Dated: December 21, 2023 | MINIM, INC. | |
| By: | /s/ Jeremy Hitchcock | |
| Name: | Jeremy Hitchcock | |
| Title: | Executive Chairman of the Company | |