Item 8.01. Other Events.
On January 9, 2020, Nova LifeStyle, Inc. (the "Company") received a written
notification from the NASDAQ Stock Market Listing Qualifications Staff
indicating that the Company has regained compliance with the $1.00 minimum
closing bid price requirement for continued listing on the NASDAQ Capital Market
pursuant to NASDAQ Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement")
and that the matter is now closed.
The closing bid price of the Company's common stock has been at $1.00 per share
or greater for at least 10 consecutive business days. Accordingly, the Company
has regained compliance with the Minimum Bid Price Requirement.
On January 13, 2020, the Company issued a press release announcing that the
Company has regained compliance with Minimum Bid Price Requirement, a copy of
which is attached hereto as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits
Exhibit No. Description
99.1 Press release.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses