FALSE000182600000018260002024-03-212024-03-210001826000us-gaap:CommonStockMember2024-03-212024-03-210001826000us-gaap:WarrantMember2024-03-212024-03-21

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) March 21, 2024
Latch, Inc.
(Exact name of registrant as specified in its charter)
Delaware
001-39688
85-3087759
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)

1220 N Price Road, Suite 2, Olivette, MO 63132
(Address of principal executive offices, Including Zip Code)

(314) 200-5218
Registrant’s telephone number, including area code
Not Applicable
(Former name or former address, if changed since last report.)
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:
☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.0001 per shareLTCHN/A (OTC Expert Market)
Warrants, each whole warrant exercisable for one share of Common stock at an exercise price of $11.50 per shareLTCHWN/A (OTC Expert Market)
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 3.01    Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
As previously disclosed, on August 10, 2023, The Nasdaq Stock Market LLC (“Nasdaq”) suspended trading in the securities of Latch, Inc. (the “Company”) as a result of the Company’s failure to regain compliance with its periodic filing obligations under Nasdaq Listing Rule 5250(c)(1). On March 21, 2024, Nasdaq filed a Form 25 Notification of Delisting with the Securities and Exchange Commission (the “SEC”), notifying the SEC of Nasdaq’s determination to remove the Company’s securities from listing on Nasdaq. The delisting will become effective April 1, 2024, ten days after the Form 25 was filed.

The Company’s common stock and warrants have been traded on the OTC Expert Market under the symbols “LTCH” AND “LTCHW,” respectively, since August 10, 2023, and the Company expects that the final delisting action by Nasdaq will have no practical effect on the trading of its securities on the OTC Expert Market.


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.

  Latch, Inc.
   
Date:March 21, 2024By:/s/ Priyen Patel
  Name:Priyen Patel
  Title:Senior Vice President and General Counsel



v3.24.1
Cover
Mar. 21, 2024
Entity Information [Line Items]  
Document Type 8-K
Document Period End Date Mar. 21, 2024
Entity Registrant Name Latch, Inc.
Entity Incorporation, State or Country Code DE
Entity File Number 001-39688
Entity Tax Identification Number 85-3087759
Entity Address, Address Line One 1220 N Price Road, Suite 2
Entity Address, City or Town Olivette
Entity Address, State or Province MO
Entity Address, Postal Zip Code 63132
City Area Code 314
Local Phone Number 200-5218
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Amendment Flag false
Entity Central Index Key 0001826000
Common stock, par value $0.0001 per share  
Entity Information [Line Items]  
Title of 12(b) Security Common stock, par value $0.0001 per share
Trading Symbol LTCH
Warrants, each whole warrant exercisable for one share of Common stock at an exercise price of $11.50 per share  
Entity Information [Line Items]  
Title of 12(b) Security Warrants, each whole warrant exercisable for one share of Common stock at an exercise price of $11.50 per share
Trading Symbol LTCHW
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