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): | July 11, 2022
|
Rave Restaurant Group, Inc.
(Exact name of registrant as specified in its charter)
Missouri
| 0-12919
| 45-3189287
|
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
3551 Plano Parkway, The Colony, Texas | | |
(Address of principal executive offices)
| | (Zip Code) |
Registrant’s telephone number, including area code: (469) 384-5000
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
Common Stock, $0.01 par value
| RAVE
| Nasdaq Capital Market
|
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 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)) |
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. ☐
As previously disclosed, on June 21, 2022, Rave Restaurant Group, Inc. (the “Company”) received notice from Nasdaq that, based on the closing bid price of the Company’s common stock for the previous 30 consecutive business days, the Company was not in compliance with Nasdaq’s continued listing standard requiring maintenance of a minimum closing bid price of $1.00 per share. By letter dated July 11, 2022, Nasdaq notified the Company that it had regained compliance with Nasdaq’s minimum closing bid price requirement as a result of the closing bid price of the Company’s common stock exceeding $1.00 per share for the previous ten consecutive days.
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.
| | | Rave Restaurant Group, Inc. | |
| | | | |
Date: July 12, 2022 | By:
| /s/ CLINTON D. FENDLEY |
|
| | | Clinton D. Fendley | |
| | | Chief Financial Officer | |
| | | (principal financial officer) | |
