| UNITED STATES | ||
| SECURITIES AND EXCHANGE COMMISSION | ||
| Washington, D.C. 20549 | ||
FORM 25 | ||
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934. | ||
| Commission File Number 001-38448 | ||
| Issuer: | Vinco Ventures, Inc. |
| Exchange: | Nasdaq Stock Market LLC |
| (Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered) |
| Address: | 4030 Skyron Drive, Suite F Doylestown, PENNSYLVANIA 18902 |
| Telephone number: | (610) 829-1039 |
| (Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices) |
| Common stock |
| (Description of class of securities) |
| Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration: |
| o 17 CFR 240.12d2-2(a)(1) |
| o 17 CFR 240.12d2-2(a)(2) |
| o 17 CFR 240.12d2-2(a)(3) |
| o 17 CFR 240.12d2-2(a)(4) |
| x Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. 1 |
| o Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange. |
| Pursuant to the requirements for the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person. |
| 2023-10-12 | By | Aravind Menon | Hearings Advisor | |
| Date | Name | Title | ||
| 1 | Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions. |
Delisting Determination, The Nasdaq Stock Market, LLC, October 12, 2023,
Vinco Ventures, Inc.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove
from listing the securities of Vinco Ventures, Inc., effective at the
opening of the trading session on October 23, 2023.
Based on review of information provided by the Company, Nasdaq
Staff determined that the Company no longer qualified for listing
on the Exchange pursuant to Listing Rule 5250(c)(1). The Company was
notified of the Staff determination on February 14, 2023.
On February 16, 2023, the Company exercised its right to appeal
the Staff determination to the Listing Qualifications Hearings
Panel (Panel) pursuant to Rule 5815. The Company received an additional
delist determination letter for its failure to meet the requirement in
Listing Rules 5620(a) and 5810(c)(2)(G) on February 21, 2023. A Panel
hearing was held on March 30, 2023. On April 14, 2023, upon review of the
information provided by the Company, the Panel determined to
grant the Company request to remain listed in the Exchange subject to
a series of milestones. The Company received an additional delist
determination letters for its failure to meet the requirement in
Listing Rule 5250(c)(1) on April 18, May 18, and July 14, 2023.
Based on the Company failure to meet the terms of the exception,
on July 26, 2023, the Panel issued a final decision denying the Company
continued listing and notified the Company that trading
in the Company securities would be suspended on July 28, 2023.
The Company did not appeal the Panel decision to the Nasdaq Listing
and Hearing Review Council (Council) and the Council did not call
the matter for review. The Staff determination to delist the Company
became final on September 11, 2023.