Current Report Filing (8-k)
01 July 2016 - 8:10PM
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): June 24, 2016
InterCloud
Systems, Inc.
|
(Exact
name of registrant as specified in its charter)
|
Delaware
|
|
000-32037
|
|
0963722
|
(State
or other jurisdiction
of incorporation)
|
|
(Commission File
Number)
|
|
(I.R.S.
Employer
Identification No.)
|
1030
Broad Street
Suite
102
Shrewsbury,
NJ 07702
|
|
07702
|
(Address
of principal executive offices)
|
|
(Zip
Code)
|
Registrant’s
telephone number, including area code: (732) 898-6308
|
|
(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 240.13a-4(c))
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Item 3.01.
|
Notice
of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
|
On
June 24, 2016, InterCloud Systems, Inc., a Delaware corporation (the “Company”), received a written notice (the “Notice”)
from the Listing Qualifications Department of The Nasdaq Stock Market (“NASDAQ”) indicating that NASDAQ has determined
that the Company has failed to comply with NASDAQ Listing Rule 5550(b)(1). NASDAQ Listing Rule 5550(b)(1) requires that companies
listed on NASDAQ maintain a minimum of $2,500,000 in stockholders’ equity for continued listing. The Company’s Annual
Report on Form 10-K for the fiscal year ended December 31, 2015 reported stockholders’ equity below the $2,500,000 minimum
requirement for continued listing and, as of the date of the Notice, NASDAQ determined that the Company did not meet the alternatives
of market value of listed securities or net income from continuing operations.
The
Notice provides that the Company has 45 calendar days to submit a
plan
to regain
compliance with NASDAQ’s
continued listing requirements. The Company intends to timely
submit
a
plan to regain
compliance
to NASDAQ and, if the
plan is
accepted, NASDAQ can grant an exception of up to 180 calendar days from the date of the Notice for the Company to evidence compliance.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed
on its behalf by the undersigned hereunto duly authorized.
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INTERCLOUD
SYSTEMS, INC.
|
|
|
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Date:
June 30, 2016
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By:
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/s/
Mark E. Munro
|
|
|
Mark
E. Munro
Chief
Executive Officer
|
3
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