Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On
As required by Section 802.01C, the Company must notify the NYSE within 10
business days of receipt of the Notice of its intent to cure the deficiency or
be subject to suspension and delisting procedures. Under Section 802.01C, the
Company has six months following receipt of the Notice to regain compliance with
the minimum share price requirement, but may have additional time if shareholder
approval is needed for any of its planned steps. The Company may regain
compliance at any time during the six-month cure period if on the last trading
day of any calendar month during the cure period the Common Stock has a closing
share price of at least
The notice has no immediate impact on the listing of the Common Stock, which will continue to be listed and traded on the NYSE during this period, subject to the Company's compliance with other listing standards, under the symbol "IRNT." In the event that the Company fails to restore its compliance with the continued listing standards of Section 802.01C, the Common Stock will be subject to NYSE's suspension and delisting procedures.
To address this issue, the Company intends to monitor the trading price of its listed securities and take steps to increase the value of its shares through implementation of its business strategy and is still considering its other options for regaining compliance with the NYSE's continued listing standards.
Item 7.01. Regulation FD Disclosure.
On
The information provided in this Item 7.01 of this Current Report on Form 8-K 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, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits Exhibit Number Exhibit Description 99.1 Press Release issued byIronNet, Inc. onOctober 31, 2022 . 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document).
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