Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
July 24 2014 - 4:01PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT
TO RULE 13a-16 OR
15d-16 UNDER THE SECURITIES EXCHANGE
ACT OF 1934
Dated: July 17, 2014
Commission File Number 001-32520
NEWLEAD HOLDINGS LTD.
(Translation of registrant’s name
into English)
NewLead Holdings Ltd.
83 Akti Miaouli & Flessa Str.
185 38 Piraeus Greece
(Address of principal
executive office)
Indicate by check mark whether
the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes o
No x
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes o
No x
On July 17, 2014, the common shares of
NewLead Holdings Ltd. (the “Company”) were halted from trading on The NASDAQ Stock Market system as a result of a
NASDAQ inquiry regarding the Company’s efforts to switch transfer agents. Consequently, as a result of the halt, which would
have continued through a determination pursuant to the upcoming delisting hearing before a NASDAQ Listing Qualifications Panel,
and discussions with the NASDAQ Staff about the likelihood of success at such upcoming hearing, the Company determined to voluntarily
delist from NASDAQ and transfer to the over-the-counter market. As a result of its recent trading halts, the Company will be required
to have a market maker file an application on Form 15c2-11 with FINRA in order to have its common shares trade on an OTC market
other than the Grey Market on which it is currently trading. Once the Form 15c-211 is cleared, the Company hopes to have its shares
trade on the OTCQB market. The Company has engaged a market maker to file the necessary application with FINRA. The Company intends to make a further announcement regarding its trading market once the application
is cleared.
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, thereunto duly
authorized.
Date: July 24, 2014
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NEWLEAD HOLDINGS LTD. |
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By: |
/s/ Michail Zolotas |
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Name: Michail Zolotas |
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Title: Chief Executive Officer |