Current Report Filing (8-k)
April 17 2023 - 5:01PM
Edgar (US Regulatory)
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2023-04-11
2023-04-11
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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): April 11,
2023
EIGHTCO
HOLDINGS INC.
(f/k/a
CRYPTYDE, INC.) |
(Exact
name of registrant as specified in its charter) |
Delaware |
|
001-41033 |
|
87-2755739 |
(State
or other jurisdiction of |
|
(Commission |
|
(IRS
Employer |
incorporation) |
|
File
Number) |
|
Identification
No.) |
200
9th Avenue North, Suite
220
Safety
Harbor, Florida |
|
34695 |
(Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (888) 765-8933
(Former
name or former address, if changed since last report)
Not
Applicable
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) |
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☐ |
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)) |
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☐ |
Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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, $0.001 par value |
|
OCTO |
|
The
Nasdaq Stock
Market LLC |
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
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
As
previously reported on the Current Report on Form 8-K dated October 11, 2022, Eightco Holdings, Inc. (f/k/a Cryptyde, Inc.)(NASDAQ:
OCTO) (the “Company”) received a written notice from The Nasdaq Stock Market LLC (“NASDAQ”)
stating that the Company was not in compliance with the minimum bid price requirement of $1.00 per share set forth in NASDAQ Rules for
continued listing on NASDAQ.
The
Company was provided 180 calendar days, or until April 3, 2023, to regain compliance with Nasdaq Listing Rule 5550(a)(2) (the “Listing
Rule”). To regain compliance, the shares of the Company’s common stock must have had a closing bid price of
at least $1.00 for a minimum of 10 consecutive business days.
On
April 11, 2023, the Company received a Staff Determination (the “Determination”) that the Company did not comply with the
Listing Rule. Unless the Company requests an appeal
of the Determination, the Company’s securities will be scheduled for delisting from The Nasdaq
Capital Market at the opening of trading on April 20, 2023.
The Company
intends to appeal the Determination; however, there is no guaranty that the Company will be successful in its appeal. Ultimately, if
the Company is not successful in its appeal, the Company’s common stock may be delisted.
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.
Date:
April 17, 2023 |
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Eightco Holdings Inc. |
|
|
|
|
By: |
/s/ Brian
McFadden |
|
Name: |
Brian McFadden |
|
Title: |
Chief Executive Officer and President |
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