Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

By letter dated April 1, 2020, the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") advised Paysign Inc. (the "Company") that the Company does not comply with Nasdaq Listing Rule 5250(c)(1) for continued listing because Nasdaq has not received the Company's annual report on Form 10-K for the fiscal year ended December 31, 2019. Nasdaq informed the Company that it has until June 1, 2020 to submit a plan to regain compliance with respect to this delinquent report.

The Company has filed its Form 10-K and expects that Nasdaq will accept this filing as curing the Company's deficiency.

Item 7.01 Regulation FD Disclosure

The Company issued a press release on April 3, 2020, disclosing its receipt of Nasdaq's notification letter dated April 1, 2020. A copy of the press release is attached as Exhibit 99.1.

The information set forth in this Item 7.01 of Form 8-K is furnished pursuant to Item 7.01 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 such information be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(a) Financial Statements of businesses acquired: Not applicable.

(b) Pro forma financial information: Not applicable.

(c) Shell company transactions: Not applicable.






(d)  Exhibits:




  Exhibit No. Description
     99.1       Press Release dated April 3, 2020












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