Current Report Filing (8-k)
March 12 2020 - 4:43PM
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): March 12, 2020
Dynatronics Corporation
(Exact name of registrant as specified in its charter)
|
|
|
|
|
Utah
|
|
0-12697
|
|
87-0398434
|
(State or Other Jurisdiction
of Incorporation)
|
|
Commission
File Number
|
|
(IRS Employer
Identification Number)
|
|
|
|
7030 Park Centre Dr., Cottonwood Heights, Utah
|
|
84121
|
(Address of principal executive offices)
|
|
(Zip Code)
|
|
|
|
(801) 568-7000
|
(Registrants 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:
☐
|
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 14(d)-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 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, no par value
|
|
DYNT
|
|
The Nasdaq Capital Market
|
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer
of Listing.
As previously reported, on November 22, 2019, Dynatronics Corporation (the Company) received written notice from The
Nasdaq Stock Market, or Nasdaq, indicating that, because the closing bid price for the Companys common stock had fallen below $1.00 per share for 30 consecutive business days, the Company no longer complied with the $1.00 minimum bid price
requirement for continued listing on The Nasdaq Capital Market under Rule 5550(a)(2) of the Nasdaq Listing Rules.
On March 12, 2020, the Company
received written notice from Nasdaq that the Company had regained compliance with Rule 5550(a)(2) because the Companys common stock had closed at a bid price greater than $1.00 per share for at least 10 consecutive business days, from
February 27 through March 11, 2020. As a result, Nasdaq has closed the matter.
2
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.
|
|
|
|
|
|
|
Date: March 12, 2020
|
|
|
|
DYNATRONICS CORPORATION
|
|
|
|
|
|
|
|
|
By:
|
|
/s/ Brian Baker
|
|
|
|
|
Name: Brian Baker
|
|
|
|
|
Title:
|
|
Chief Executive Officer
|
3
Dynatronics (NASDAQ:DYNT)
Historical Stock Chart
From May 2024 to Jun 2024
Dynatronics (NASDAQ:DYNT)
Historical Stock Chart
From Jun 2023 to Jun 2024