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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): August 20, 2024

 

  MINIM, INC.  

(Exact name of registrant as

specified in its charter)

 

Delaware   001-37649   04-2621506

(State or other jurisdiction

of incorporation)

  

(Commission File

Number)

  

(IRS Employer

Identification No.)

 

848 Elm Street, Manchester, NH 03101

(Address of principal executive offices, including zip code)

 

(833) 966-4646

(Registrant’s telephone number, including area code)

 

Not Applicable

(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:

 

☐

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   Name of each exchange on which registered
Common Stock, $0.01 par value   MINM   The Nasdaq Capital Market*

 

 
* Currently suspended.

 

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. ☐

 

 

 

 

 

 

Item 8.01 Other Events.

 

As previously stated on Minim Inc.’s (the “Company’s”) Current Report on Form 8-K, dated July 24, 2024, due to a clerical error, the Company did not make a submission of a written compliance plan submission prior to the deadline set by Nasdaq. Nasdaq determined such to be an abandonment of the Company’s request for a hearing. The Company believes that it has never abandoned its request for a hearing and as result, filed for a temporary restraining order (“TRO”) in order to allow it to work towards having its scheduled hearing with the Nasdaq Hearings Panel so that the Company’s common stock remains listed on Nasdaq

 

On August 20, 2024, Minim, Inc. the “Company” filed for and was granted the TRO by Supreme Court of the State of New York, Kings County. The application for the TRO was filed by the Company in order to prohibit The Nasdaq Stock Market (“Nasdaq”) from filing a Form 25 with the Securities and Exchange Commission, delisting the Company’s common stock from Nasdaq. The TRO is effective until September 5, 2024. Thereafter, Nasdaq removed the case to federal court. However, the TRO remains effective.

 

This Current Report on Form 8-K (the “8-K”) and other document incorporated by reference into this 8-K contain or may contain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terms such as “anticipates,” “assumes,” “believes,” “can,” “could,” “estimates,” “expects,” “forecasts,” “guides,” “intends,” “is confident that,” “may,” “plans,” “seeks,” “projects,” “targets,” and “would” or the negative of such terms or other variations on such terms or comparable terminology. Such forward-looking statements include, but are not limited to, statements about the benefits of the Plan and our expectations related to it that are not historical facts. Such statements are based upon the current beliefs and expectations of the management of the Company and are subject to risks and uncertainties that could cause the actual outcome to differ materially.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

None.

 

1

 

 

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.

 

  MINIM, INC.
     
Date: August 26, 2024 By: /s/ David Lazar
    David Lazar
    Chief Executive Officer

 

2

 

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