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2025-07-30
2025-07-30
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 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 30, 2025
IVEDA SOLUTIONS, INC.
(Exact
name of registrant as specified in its charter)
| Delaware |
|
000-53285 |
|
20-2222203 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS
Employer
Identification No.) |
1744
S Val Vista, Suite 213
Mesa,
Arizona |
|
85204 |
| (Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (480) 307-8700
Not
Applicable
(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 240.13e-4(c)) |
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, par value $0.00001 per share |
|
IVDA |
|
The
Nasdaq Capital Market, LLC |
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. ☐
Item 8.01. Other Events.
On
July 23, 2025, based on the timely submission by Iveda Solutions, Inc. (the “Company”) of a compliance plan, the Company
received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) granting an extension
to the Company until November 24, 2025 to regain compliance with the minimum stockholders’ equity requirement for continued listing
on the Nasdaq Capital Market under Listing Rule 5550(b)(1) (the “Rule”) subject to the Company complying with certain terms
of the extension. If the Company fails to regain and evidence compliance with the Rule, it may be subject to delisting. In such an event,
Nasdaq Listing Rules permit the Company to appeal any delisting determination to a Nasdaq Hearing Panel. There can be no assurance that
the Company will be able to regain compliance with the Rule or maintain its listing on the Nasdaq Capital Market.
As
previously disclosed, on May 27, 2025, the Company received a letter from Nasdaq indicating that the Company was not in compliance with
the Rule, because the Company’s stockholders’ equity of $1,700,887 as reported in the Company’s Quarterly Report on
Form 10-Q for the quarterly period ended March 31, 2025 was below the required minimum of $2.5 million, and because, as of May 25, 2025,
the Company did not meet the alternative compliance standards, relating to the market value of listed securities of $35 million or net
income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the last three most recently completed
fiscal years.
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.
| |
Iveda
Solutions, Inc. |
| |
|
| July
30, 2025 |
By: |
/s/
David Ly |
| |
Name: |
David
Ly |
| |
Title: |
Chief
Executive Officer and Chairman |
