Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
June 04 2021 - 4:31PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO
RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2021
Commission File Number: 001-38397
Farmmi, Inc.
(Translation of registrant’s name into English)
Fl
1, Building No. 1, 888 Tianning Street, Liandu District
Lishui,
Zhejiang Province
People’s
Republic of China 323000
(Address of principal
executive offices)
Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K
in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
Explanatory Note:
On June 3, 2021, the Registrant received a letter from the Listings
Qualifications Department of The Nasdaq Capital Market (“Nasdaq”) notifying the Registrant that the minimum closing bid price
per share for its ordinary shares was below $1.00 for a period of 30 consecutive business days and that the Registrant did not meet the
minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). This current report is filed pursuant to Nasdaq Listing Rule
5810(b). The Nasdaq notification letter does not result in the immediate delisting of the Registrant’s ordinary shares, and the
shares will continue to trade uninterrupted under the symbol “FAMI.”
Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Registrant has a
compliance period of 180 calendar days, or until November 30, 2021 (the “Compliance Period”), to regain compliance with Nasdaq’s
minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Registrant's ordinary
shares is at least $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Registrant a written confirmation of compliance
and the matter will be closed.
In the event the Registrant does not regain compliance by November
30, 2021, the Registrant may be eligible for an additional 180 calendar day grace period. To qualify, the Registrant will be required
to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq,
with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during
the second compliance period, including by effecting a reverse stock split, if necessary. If the Registrant chooses to implement a reverse
stock split, it must complete the split no later than ten business days prior to the expiration of the second compliance period.
On June 4, 2021, the Registrant issued a press release entitled “Farmmi
Receives NASDAQ Notification Regarding Minimum Bid Requirements.” A copy of the please release is filed as Exhibit 99.1 to this
Current Report on Form 6-K and is incorporated herein by reference.
Exhibits
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, thereunto
duly authorized.
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Farmmi, Inc.
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Date: June 4, 2021
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By:
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/s/ Yefang Zhang
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Yefang Zhang
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Chief Executive Officer
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