Date: 7/21/2023
Form: 8-K - Current report
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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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).
| (1) | We are a remote-friendly company, with several hubs and locations for employees to collaborate. Accordingly, we do not maintain a headquarters. For purposes of compliance with applicable requirements of the Securities Act of 1933, as amended, and Securities Exchange Act of 1934, as amended, stockholder communications required to be sent to our principal executive offices may be directed to the email address set forth in our proxy materials and/or identified on our investor relations website. |
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Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On July 14, 2023, Vinco Ventures, Inc.(the "Company”) received an Additional Staff Determination – Delinquency letter from Nasdaq. Due to the resignations of Richard Levychin, Lisa King and Brian Hart from the Company’s Board of Directors, the Company no longer complies with Nasdaq’s independent director, audit, and compensation committee requirements as set forth in Listing Rule 5605(b)(1) and 5605(c)(2) and 5605(d)(2). Accordingly, these matters serve as an additional basis for delisting the Company’s securities from The Nasdaq Stock Market. This letter also serves as formal notification that the Nasdaq Hearings Panel (the "Panel”) will consider this matter in their decision regarding the Company’s continued listing on The Nasdaq Capital Market. In that regard, the letter also requires the Company to present its views with respect to this additional deficiency to the Panel in writing no later than July 21, 2023 (see also Nasdaq Listing Rule 5810(b) and (d)).
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 thereunto duly authorized.
| Date: July 20, 2023 | ||
| VINCO VENTURES, INC. | ||
| By: | /s/ Chris Polimeni | |
| Name: | Chris Polimeni | |
| Title: | Chief Financial Officer | |