Current Report Filing (8-k)
16 December 2015 - 12:09AM
Edgar (US Regulatory)
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 15, 2015
SUTOR
TECHNOLOGY GROUP LIMITED
(Exact name
of registrant as specified in its charter)
Nevada |
001-33959 |
87-0578370 |
(State of Incorporation) |
(Commission File No.) |
(IRS Employer ID No.) |
No. 8, Huaye Road
Dongbang Industrial Park
Changshu, China 215534
(Address of Principal Executive Offices)
(86) 512-52680988
Registrant’s Telephone Number, Including
Area Code:
(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 (see General Instruction
A.2. below):
| ¨ | Written communications pursuant to Rule 425 under the
Securities Act (17 CFR.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)) |
Item 3.01 Notice of Delisting or
Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On December 9, 2015, Sutor Technology Group
Limited (the “Company”) received a notice from the Listing Qualifications Department of The NASDAQ Stock Market indicating
that, for the last 30 consecutive business days, the bid price for the Company’s common stock had closed below the minimum
$1.00 per share required for continued inclusion on The NASDAQ Capital Market under the NASDAQ Listing Rule 5550(a)(2). The notification
letter states that the Company will be afforded 180 calendar days, or until June 6, 2016, to regain compliance with the minimum
bid price requirement. In order to regain compliance, shares of the Company’s common stock must maintain a minimum closing
bid price of at least $1.00 per share for a minimum of ten consecutive business days. The Company intends to actively monitor the
bid price for its common stock between now and June 6, 2016, and will consider all available options to resolve the deficiency
and regain compliance with the NASDAQ minimum bid price requirement.
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.
Sutor Technology Group Limited
Date: December 15, 2015
/s/ Lifang Chen
Chief Executive Officer
Sutor Technology Group, Ltd. (NASDAQ:TOR)
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