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): December 13, 2018
____________________
NOVUME SOLUTIONS, INC.
(Exact name of
registrant as specified in its charter)
|
Delaware
|
000-55833
|
81-5266334
|
|
(State or Other
Jurisdiction
of
Incorporation)
|
(Commission File
Number)
|
(IRS
Employer
Identification
No.)
|
|
|
|
14420 Albemarle Point Place, Suite 200,
Chantilly, VA, 20151
|
|
(Address of
Principal Executive Offices)
|
|
|
|
Registrant's
Telephone Number, Including Area Code: (703) 953-3838
|
|
|
|
|
|
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. ☐
1
Item 3.01.
Notice of Delisting or Failure to Satisfy a Continued Listing Rule
or Standard; Transfer of Listing.
On December 13, 2018, Novume Solutions, Inc. (the
“Company”) received a letter from The Nasdaq Stock
Market LLC (“Nasdaq”) indicating that the Company is
required to maintain a minimum bid price of $1 per share of its
common stock. The Company's closing bid price of its common stock
has been less than $1 for the last 30 consecutive business days. As
such, the Company is not compliant with the minimum bid price
requirements under Nasdaq Listing Rule
5550(a)(2).
The letter from Nasdaq provides the Company with a compliance
period of 180 calendar days, or until June 11, 2019, to regain
compliance with the minimum bid price requirement. If
at any time during this 180-day compliance period the closing bid
price of the Company’s common stock is at least $1 for a
minimum of 10 consecutive business days, then Nasdaq will provide
the Company with written confirmation of compliance and the matter
will be closed.
The Company is monitoring the bid price of its common stock and
will consider options available to it to achieve compliance with
the continued listing standard.
2
SIGNATURE
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.
|
|
Novume
Solutions, Inc.
|
|
|
|
(Registrant)
|
|
|
|
|
|
|
Date: December 14,
2018
|
/s/ Robert A.
Berman
|
|
|
|
Name:
Robert A. Berman
Title:
President and Chief Executive Officer
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3