Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
December 06 2022 - 05:01PM
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 December 2022
Commission
File Number: 001-38304
DOGNESS
(INTERNATIONAL) CORPORATION
(Registrant’s
name)
No.
16 N. Dongke Road, Tongsha Industrial Zone
Dongguan,
Guangdong
People’s
Republic of China 523217
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F:
Indicate
by check mark if the registrant is submitting the Form 6-K on paper
as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate
by check mark if the registrant is submitting the Form 6-K on paper
as permitted by Regulation S-T Rule 101(b)(7): ☐
EXPLANATORY
NOTE
On
December 2, 2022, the Registrant received a letter from the
Listings Qualifications Department of The Nasdaq Stock Market LLC
(the “Nasdaq”) notifying the Registrant that the minimum closing
bid price per share of its Class A common shares was below $1.00
for a period of 30 consecutive business days and that the
Registrant did not meet the minimum bid price requirement set forth
in Nasdaq Listing Rule 5550(a)(2). This current report is filed
pursuant to Nasdaq Listing Rule 5810(b). The Nasdaq notification
letter does not result in the immediate delisting of the
Registrant’s Class A common shares, and the shares will continue to
trade uninterrupted under the symbol “DOGZ.”
Pursuant
to Nasdaq Listing Rule 5810(c)(3)(A), the Registrant has a
compliance period of 180 calendar days, or until May 31, 2023 (the
“Compliance Period”), to regain compliance with Nasdaq’s minimum
bid price requirement. If at any time during the Compliance Period,
the closing bid price per share of the Registrant’s Class A common
shares is at least $1.00 for a minimum of 10 consecutive business
days, Nasdaq will provide the Registrant a written confirmation of
compliance and the matter will be closed.
In
the event the Registrant does not regain compliance by May 31,
2023, the Registrant may be eligible for an additional 180 calendar
day grace period. To qualify, the Registrant will be required to
meet the continued listing requirement for market value of publicly
held shares and all other initial listing standards for Nasdaq,
with the exception of the bid price requirement, and will need to
provide written notice of its intention to cure the deficiency
during the second compliance period, including by effecting a
reverse stock split, if necessary. If the Registrant chooses to
implement a reverse stock split, it must complete the split no
later than ten business days prior to the expiration of the second
compliance period.
On
December 6, 2022, the Registrant issued a press release entitled
“Dogness Receives NASDAQ Notification Regarding Minimum Bid
Requirements.” A copy of the please release is filed as Exhibit
99.1 to this Current Report on Form 6-K and is incorporated herein
by reference.
Exhibits
SIGNATURES
Pursuant
to the requirements of the Securities and Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf
by the undersigned thereunto duly authorized.
|
Dogness
(International) Corporation |
|
|
|
Date:
December 6, 2022 |
By: |
/s/
Yunhao Chen |
|
Name: |
Yunhao
Chen |
|
Title: |
Chief
Financial Officer
(Principal
Financial Officer) and
Duly
Authorized Officer
|
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