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): August 5, 2015 
 
MAJESCO ENTERTAINMENT COMPANY
(Exact name of registrant as specified in its charter)
   
Delaware
(State or other jurisdiction
of incorporation)
  
000-51128
(Commission File Number)
  
06-1529524
(IRS Employer
Identification No.)
 
404I-T Hadley Road
S. Plainfield, New Jersey 07080
(Address of principal executive offices and zip code)
 
Registrant’s telephone number, including area code: (732) 225-8910
 
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 ( see General Instruction A.2. below):

     
o
  
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     
o
  
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     
o
  
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
o
  
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 

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

On August 5, 2015, Majesco Entertainment Company (the “Company”) was notified by the Nasdaq Stock Market that it is not in compliance with the continued listing requirements for the Nasdaq Capital Market contained in Nasdaq Listing Rule 5605 requiring the Company to have an Audit Committee comprised of three independent directors.  The notification letter does not impact the Company’s listing on the Nasdaq Capital Market at this time.  In accordance with Nasdaq Listing Rule 5605(c)(4), the Company has until the next annual shareholders’ meeting to regain compliance with Nasdaq Listing Rule 5605(c)(2).  To regain compliance, the Company must have an Audit Committee comprised of at least three independent directors. 
 
 
 
 

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.
 
MAJESCO ENTERTAINMENT COMPANY
Dated: August 11, 2015
 
/s/ David Rector                          
David Rector
Chief Executive Officer


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