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SPEX > SEC Filings for SPEX > Form 8-K on 19-Nov-2012All Recent SEC Filings

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Form 8-K for SPHERIX INC


19-Nov-2012

Other Events


Item 8.01 Other Events.

As previously announced on September 28, 2012, Spherix was notified by NASDAQ that it failed to comply with the minimum 500,000 publicly held shares requirement; thus the Company was put on notice of a potential de-listing of its stock if it failed to regain compliance with the rule. As a result of the recently completed private placement of securities, on November 15, 2012, NASDAQ provided confirmation to the Company that the Company has regained compliance with Marketplace Rule 5550(a)(4) since the Company now has approximately 690,700 publicly held shares.

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