Report of Foreign Issuer (6-k)
17 September 2018 - 10:10PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington,
D.C. 20549
Form 6-K
REPORT OF FOREIGN
PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE
ACT OF 1934
For the month of
September 2018.
Commission File
Number: 001-35755
DELTA TECHNOLOGY
HOLDINGS LIMITED
(Translation of
registrant’s name into English)
16 Kaifa Avenue
Danyang, Jiangsu,
China 212300
Tel: +86 511-8673-3102
(Address of principal
executive office)
Indicate by check mark whether the
registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F
x
Form
40-F
¨
Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
¨
Note
: Regulation S-T Rule
101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security
holders.
Indicate by check mark if the registrant
is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
¨
Note
: Regulation S-T Rule
101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant
foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated,
domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange
on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required
to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already
been the subject of a Form 6-K submission or other Commission filing on EDGAR.
On
September 14, 2018, Delta Technology Holdings Limited (the “
Company
”) received a notification letter from the
Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“
Nasdaq
”) notifying the Company that the
minimum bid price per share for its common shares has been below $1.00 for a period of 30 consecutive business days and the Company
therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2).
The
notification received has no immediate effect on the listing of the Company’s common stock on Nasdaq. Under the Nasdaq Listing
Rules, the Company has until March 13, 2019 to regain compliance. If at any time during such 180-day period the closing bid price
of the Company’s common shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company
written confirmation of compliance.
If
the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days,
provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial
listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this
deficiency during the second compliance period, by effecting a reverse stock split, if necessary.
The
Company, by filing this Form 6-K, discloses its receipt of the notification from Nasdaq in accordance with Nasdaq Listing Rule
5810(b).
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.
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DELTA TECHNOLOGY HOLDINGS LIMITED
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Date: September 17, 2018
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By:
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/s/ Long Yi
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Name:
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Long Yi
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Title:
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Chief Executive Officer
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