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
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Date
of Report (Date of Earliest Event Reported): November
25, 2020
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AEROCENTURY CORP.
_____________________________________
(Exact name of
registrant as specified in its charter)
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Delaware
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94-3263974
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(State or Other Jurisdiction of
incorporation)
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(I.R.S. Employer Identification
No.)
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1440 Chapin Avenue,
Suite 310 Burlingame, CA
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94010
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(Address of principal executive
offices)
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(Zip Code)
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(650)-340-1888
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Registrant’s telephone number, including
area code:
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Not
Applicable
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Former Name or Former Address, if changed since
last report
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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)
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Title of each
class
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Trading
Symbol(s)
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Name of each exchange on which
registered
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Common Stock, par value $0.001 per
share
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ACY
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NYSE American
Exchange
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Securities
registered pursuant to Section 12(g) of the Act: None
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. ☐
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Item 3.01. Notice of
Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing
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After
the receipt on September 11, 2020 of a deficiency letter from NYSE
American LLC (the “NYSE American”) notifying
AeroCentury Corp. (the “Company”) of its non-compliance
with NYSE American’s stockholders’ equity listing
standards as set forth in Section 1003(a)(i) – (iii) of the
NYSE American Company Guide, the Company submitted a plan to the
NYSE American to bring the Company into compliance with such
listing standards within 18 months of receipt of the deficiency
letter. On November 25, 2020, the Company received a letter
from the NYSE American notifying the Company of its acceptance of
the Company’s plan and continuing the Company’s listing
pursuant to an extension with a target completion date of March 11,
2022.
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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 hereto duly authorized.
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AEROCENTURY CORP.
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Date: December 23,
2020
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By:
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/s/ Harold M.
Lyons
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Title: Sr. Vice -
President, Finance
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