0001397183 false 0001397183 2023-02-15 2023-02-15 0001397183 IVDA:CommonStockParValue0.00001PerShareMember 2023-02-15 2023-02-15 0001397183 IVDA:CommonStockPurchaseWarrantsMember 2023-02-15 2023-02-15 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

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): February 15, 2023

 

IVEDA SOLUTIONS, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

Nevada   001-41345   20-2222203

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1744 S. Val Vista, Suite 213

Mesa, Arizona

  85204
(Address of Principal Executive Offices)   (Zip Code)

 

(480) 307-8700

(Registrant’s Telephone Number, Including Area Code)

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

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))

 

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, par value $0.00001 per share   IVDA   The Nasdaq Stock Market, LLC
Common Stock Purchase Warrants   IVDAW   The Nasdaq Stock Market, LLC

 

 

 

 
 

 

Item 8.01 Other Events.

 

Compliance with Nasdaq Minimum Bid Price Rule

 

On February 15, 2023, Iveda Solutions, Inc. (“Iveda”) was notified by Nasdaq Listing Qualifications that Iveda regained compliance with the minimum bid price rule in Nasdaq Listing Rule 5550(a)(2) as a result of the closing bid price of Iveda’s common stock being $1.00 per share or greater for a minimum of 10 consecutive business days, and that the matter is now closed.

 

 
 

 

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.

 

  IVEDA SOLUTIONS, INC.
   
Date: February 16, 2023 By: /s/ David Ly
  Name: David Ly
  Title: Chief Executive Officer

 

 

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