Current Report Filing (8-k)
May 28 2020 - 8:31AM
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): May 28, 2020 (May 27, 2020)
Moxian,
Inc.
(Exact
name of registrant as specified in its charter)
Nevada
|
|
001-37902
|
|
27-3729742
|
(state
or other jurisdiction
of
incorporation)
|
|
(Commission
File
Number)
|
|
(IRS
Employer
Identification
Number)
|
Units
B & C, 9/F, Block D Fuhua Tower 8 Chaoyangmen North Street Dongcheng District,
Beijing
100027 Peoples’ Republic of China
(address
of principal executive offices) (zip code)
Tel:
+86 (010) 5332 0602
(registrant’s
telephone number, including area code)
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):
[ ]
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
|
[ ]
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
|
|
[ ]
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
|
|
[ ]
|
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
Indicate
by check mark whether the registrant is an emerging growth company as defined in 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).
Emerging
growth company [ ]
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. [ ]
Securities
registered pursuant to Section 12(b) of the Act:
Title
of Each Class
|
|
Trading
Symbol(s)
|
|
Name
of Each Exchange on Which Registered
|
Common
Stock
|
|
MOXC
|
|
Nasdaq
Capital Market
|
Item
3.01
|
NOTICE
OF DELISTING OR FAILURE TO SATISFY A CONTINUED LISTING RULE OR STANDARD; TRANSFER OR LISTING.
|
On
May 27, 2020, Moxian, Inc. (the “Registrant”) received a letter from NASDAQ regarding the Registrant’s failure
to comply with NASDAQ Continued Listing Rule 5550(a)(2) (the “Rule”), which requires listed securities to maintain
a minimum bid price of $1.00 per share. A failure to comply with the Rule exists when listed securities fail to maintain a closing
bid price of at least $1.00 per share for 30 consecutive business days. Based on the closing bid price for the last 30 consecutive
business days, the Registrant failed to meet the aforesaid requirement.
Under
Rule 5810(c)(3)(A), the Registrant will be provided a compliance period of 180 calendar days to regain compliance. If at any time
during this 180 day period the closing bid price of the Registrant’s security is at least $1.00 for a minimum of ten consecutive
business days, the Registrant’s compliance will be regained.
If
the Registrant does not regain compliance during such period, an additional 180 days may be granted to regain compliance, so long
as the Registrant meets certain NASDAQ continued listing requirements and notifies NASDAQ in writing of its intention to cure
the deficiency during the second compliance period. If the Registrant does not qualify for the second compliance period or fails
to regain compliance during the second 180-day period, it may be subject to delisting by NASDAQ.
The
Registrant intends to monitor the closing bid price of its common stock and may, if appropriate, consider implementing available
options to regain compliance with the minimum bid price requirement.
This
Form 8-K is filed to satisfy the obligation under Rule 5810(b) that the Registrant publicly disclose the deficiency within four
(4) business days after the date of the deficiency letter.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
|
MOXIAN,
INC.
|
|
|
|
Date:
May 28, 2020
|
By:
|
/s/
Hao Qinghu
|
|
Name:
|
Hao
Qinghu
|
|
Title:
|
Chief
Executive Officer
|
Moxian (NASDAQ:MOXC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Moxian (NASDAQ:MOXC)
Historical Stock Chart
From Apr 2023 to Apr 2024