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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): May 22, 2026
SINTX
Technologies, Inc.
(Exact
name of registrant as specified in its charter)
| Delaware |
|
001-33624 |
|
84-1375299 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
1885
West 2100 South
Salt
Lake City, UT 84119
(Address
of principal executive offices, including Zip Code)
Registrant’s
telephone number, including area code: (801) 839-3500
(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 $0.01 per share |
|
SINT |
|
The
NASDAQ Capital Market |
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
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On
May 22, 2026, SINTX Technologies, Inc. (the “Company”) received a letter (the “Notice”) from the Listing Qualifications
Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with Nasdaq Listing
Rule 5550(b)(1), which requires companies listed on The Nasdaq Capital Market to maintain a minimum of $2.5 million in stockholders’
equity for continued listing.
As
reported in the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, the Company reported stockholders’
equity of approximately $904,000 and, as stated in the Notice, the Company also does not satisfy the alternative continued listing standards
based on a market value of listed securities of at least $35,000,000, 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.
In
accordance with Nasdaq Listing Rules, the Company has 45 calendar days, or until July 6, 2026, to submit a plan to regain compliance.
If Nasdaq accepts the Company’s plan, Nasdaq may grant the Company an extension of up to 180 calendar days from the date of the
Notice to evidence compliance.
The
Company intends to timely submit a compliance plan to Nasdaq. The Company has been actively pursuing financing and other strategic initiatives
intended to strengthen its balance sheet and improve stockholders’ equity. The Company is currently engaged in discussions regarding
a potential equity financing transaction; however, there can be no assurance that any such transaction will be consummated or that the
Company will be able to regain compliance with the applicable Nasdaq continued listing requirements.
The
Notice has no immediate effect on the listing or trading of the Company’s common stock on The Nasdaq Capital Market.
Forward-Looking
Statements
This
Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of
1995, including statements regarding the Company’s intent and ability to regain compliance with Nasdaq continued listing requirements,
anticipated financing activities, and the timing and outcome of any such activities. These forward-looking statements are based on current
expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those
described in the forward-looking statements. Factors that could cause actual results to differ materially include, among others, the
Company’s ability to complete financing transactions, maintain compliance with Nasdaq listing standards, and other risks described
in the Company’s filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking
statements except as required by law.
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.
| |
|
|
SINTX
Technologies, Inc. |
| |
|
|
|
|
| Date: |
May
27, 2026 |
|
By: |
/s/
Eric K. Olson |
| |
|
|
|
Eric
K. Olson |
| |
|
|
|
Chief
Executive Officer |
