SeaChange International Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Other Events, Financial Statements and Exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 2.02 Results of Operations and Financial Condition.
Attached as Exhibit 99.1 hereto, and incorporated herein by reference, is a copy of the press release issued by SeaChange International, Inc. (“SeaChange”) dated June 12, 2023, reporting SeaChange’s financial results for the quarter ended April 30, 2023.
The information contained in this Item 2.02 and Exhibit 99.1 attached hereto and incorporated herein by reference is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, unless SeaChange specifically states that the information is to be considered “filed” under the Exchange Act or incorporates it by reference into a filing under the Securities Act of 1933, as amended.
Item 8.01 Other Events.
On June 7, 2023, SeaChange received written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that SeaChange has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”) for continued listing on The Nasdaq Capital Market because SeaChange’s common stock had a closing bid price of at least $1.00 per share for 10 consecutive business days. Accordingly, in the Notice, Nasdaq stated that the matter is now closed. There can be no assurance, however, that SeaChange will be able to maintain compliance with the Bid Price Rule in the future.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following Exhibit is attached to this report:
Exhibit No. |
Description |
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99.1 |
Press release issued by SeaChange International, Inc. dated June 12, 2023. |
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104 |
Cover Page Interactive Data File, formatting Inline Extensible Business Reporting Language (iXBRL). |
SIGNATURE
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.
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SEACHANGE INTERNATIONAL, INC. |
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by: |
/s/ MARK SZYNKOWSKI |
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Mark Szynkowski |
Dated: June 12, 2023 |
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Chief Financial Officer, Senior Vice President and Treasurer |