Current Report Filing (8-k)
April 07 2016 - 4:16PM
Edgar (US Regulatory)
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): April 1, 2016
DOCUMENT
SECURITY SYSTEMS, INC.
(Exact
name of registrant as specified in its charter)
New
York
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001-32146
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16-1229730
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(State
or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS
Employer
Identification No.)
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200
Canal View Boulevard
Suite
300
Rochester,
NY
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14623
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code:
(585) 325-3610
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):
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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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
April 1, 2016, Document Security Systems, Inc. (the “Company”) was notified by the NYSE MKT LLC (the “NYSE MKT”)
that the Company is not in compliance with the stockholders’ equity continued listing standards set forth in Section 1003(a)(ii)
of the NYSE MKT LLC Company Guide (the “Company Guide”). In order to maintain its listing, the Company must submit
a plan of compliance by May 2, 2016 addressing how it intends to regain compliance with section 1003(a)(ii) of the Company Guide
by October 2, 2017. If NYSE Regulation determines to accept the plan submitted by the Company, the Company will be notified and
will be subject to periodic reviews including quarterly monitoring for compliance with the plan. If the plan is not accepted by
NYSE Regulation, or if it is accepted but the Company is not in compliance with the continued listing standards by October 2,
2017, or if the Company does not make progress consistent with the plan during the plan period, the NYSE MKT will initiate delisting
proceedings as appropriate.
This
notice has no immediate impact on the listing of the Company’s common stock, which will continue to trade on the NYSE MKT
under the symbol “DSS” subject to submission of the plan that the Company plans to submit in due course.
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.
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DOCUMENT
SECURITY SYSTEMS, INC.
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Dated:
April 7, 2016
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By:
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/s/
Jeffrey Ronaldi
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Jeffrey
Ronaldi
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Chief
Executive Officer
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