Form 8-K - Current report
September 10 2024 - 4:05PM
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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): September 9, 2024
SUNSHINE
BIOPHARMA, INC.
(Exact name of registrant as specified in its charter)
Colorado |
001-41282 |
20-5566275 |
(State or other jurisdiction
of incorporation) |
(Commission File Number) |
(IRS Employer ID No.) |
333
Las Olas Way, CU4
Suite 433
Fort Lauderdale, FL 33301
(Address of principal executive offices) (zip
code)
(954) 515-0810
(Registrant’s telephone number, including area code)
(Former name or former address, if changed since
last report.)
Securities
registered pursuant to Section 12(b) of the Act:
Title of Each Class |
Trading Symbol |
Name of Each Exchange on Which Registered |
Common Stock, par value $0.001 |
SBFM |
The Nasdaq
Stock Market LLC |
Common Stock Purchase Warrants |
SBFMW |
The Nasdaq
Stock Market LLC |
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 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 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. ☐
Item 8.01 Other Events.
On September 9, 2024, Sunshine Biopharma, Inc.
(the “Company”) received a letter from the Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has
regained compliance with the bid price requirement in Listing Rule 5550(a)(2) (the “Bid Price Rule”), as required by the Hearing
Panel’s (“Panel”) decision dated June 28, 2024.
The letter further states that the Company will
be subject to a Mandatory Panel Monitor for a period of one year. If, within that one-year monitoring period, the Nasdaq Listing Qualifications
staff (“Nasdaq Staff”) finds the Company again out of compliance with the Bid Price Rule, the Company will not be permitted
to provide the Staff with a plan of compliance with respect to that deficiency and Staff will not be permitted to grant additional time
for the Company to regain compliance with respect to that deficiency, nor will the Company be afforded an applicable cure or compliance
period pursuant to Rule 5810(c)(3). Instead, the Nasdaq Staff will issue a Delist Determination Letter and the Company will have an opportunity
to request a new hearing with the initial Panel or a newly convened Hearings Panel if the initial Panel is unavailable. The Company will
have the opportunity to respond/present to the Hearings Panel as provided by Listing Rule 5815(d)(4)(C). The Company’s securities
may be delisted from Nasdaq at that time.
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 hereunto
duly authorized.
Dated: September 10, 2024 |
SUNSHINE BIOPHARMA, INC. |
|
|
|
|
|
By: /s/ Dr. Steve N. Slilaty |
|
Dr. Steve N. Slilaty, Chief Executive Officer |
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Sep. 09, 2024 |
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Document Period End Date |
Sep. 09, 2024
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Entity File Number |
001-41282
|
Entity Registrant Name |
SUNSHINE
BIOPHARMA, INC.
|
Entity Central Index Key |
0001402328
|
Entity Tax Identification Number |
20-5566275
|
Entity Incorporation, State or Country Code |
CO
|
Entity Address, Address Line One |
333
Las Olas Way,
|
Entity Address, Address Line Two |
CU4
Suite 433
|
Entity Address, City or Town |
Fort Lauderdale
|
Entity Address, State or Province |
FL
|
Entity Address, Postal Zip Code |
33301
|
City Area Code |
(954)
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Local Phone Number |
515-0810
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Common Stock [Member] |
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Title of 12(b) Security |
Common Stock, par value $0.001
|
Trading Symbol |
SBFM
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Security Exchange Name |
NASDAQ
|
Common Stock Purchase Warrants [Member] |
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Title of 12(b) Security |
Common Stock Purchase Warrants
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Trading Symbol |
SBFMW
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Security Exchange Name |
NASDAQ
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