Report of Foreign Issuer (6-k)
July 12 2019 - 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
For
the month of July 2019
Commission
File Number: 001-38206
TDH
HOLDINGS, INC.
(Translation
of registrant’s name into English)
c/o
Qingdao Tiandihui Foodstuffs Co. Ltd., Room 1809,
Financial
Square, 197 Shuangzhu Road, Huangdao District, Qingdao
Shandong
Province
,
People’s Republic of China
Tel:
+86-532-8591-9267
(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.
Form
20-F ☒ 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): ☐
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): ☐
Indicate
by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information
to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. Yes ☒ No
☐
If
“Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-_______________.
On
July 9, 2019, TDH Holdings, Inc. (the “Company”) received a Staff Delisting Determination letter from The Nasdaq Stock
Market, LLC setting forth a determination to delist the Company’s common shares from The Nasdaq Capital Market as a result
of the Company’s inability to regain compliance with the minimum bid price continued listing requirement under Listing Rule
5550(a)(2) within the time previously allotted by the Nasdaq Staff. The Company was also subsequently notified of its failure
to comply with the Listing Rule 5550(b) which requires a minimum of $2.5 million in stockholders’ equity, $35 million in
market value of listed securities, or $500,000 in net income from continuing operations for continued listing. The Delisting Determination
stated that such delisting would be effective at the opening of business on July 18, 2019 unless the Company requests an appeal
of the Delisting Determination. The Company intends to appeal this Determination by requesting a hearing before a Hearings Panel.
A hearing request will stay the delisting of the Company’s securities. The hearing date will be determined by the Nasdaq
Staff following the hearing request submission date. The Company plans to address the ongoing non-compliance matters before the
Hearings Panel. There can be no assurance that, following the hearing, the Panel will grant the Company's request for additional
time to regain compliance with the Nasdaq continued listing requirements. If the Panel does not grant the Company's request for
additional time, the Company’s securities will be subject to delisting. If the Company is delisted from the Nasdaq Capital
Market, its common shares may be traded over-the-counter on the OTC Bulletin Board or in the "pink sheets" if one or
more market makers seeks and obtains approval by the Financial Industry Regulatory Authority to continue quoting in the Company’s
common shares. Many over-the-counter stocks trade less frequently and in smaller volumes than securities traded on the Nasdaq
markets, which would likely have a material adverse effect on the liquidity and value of the Company’s common shares.
Exhibits
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.
Dated:
July 12, 2019
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TDH Holdings, Inc.
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By:
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/s/
Cui Rongfeng
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Name:
|
Cui Rongfeng
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Title:
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Chief Executive Officer
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2
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