Current Report Filing (8-k)
May 15 2020 - 4:02PM
Edgar (US Regulatory)
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): May 15, 2020
TARONIS
TECHNOLOGIES, INC.
(Exact
name of registrant as specified in its charter)
Delaware
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001-35586
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26-0250418
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(State
or other jurisdiction
of
incorporation)
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(Commission
File
Number)
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(IRS
Employee
Identification
No.)
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300
W. Clarendon Avenue, Suite 230
Phoenix,
AZ 85013
(Address
of principal executive offices) (Zip Code)
Registrant’s
telephone number, including area code: (866-370-3835)
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 (see General Instruction A.2. below):
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
Title of each
class
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Trading Symbol(s)
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Name of each
exchange on which registered
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Common Stock
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TRNX
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OTCQB
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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
8.01 Other Events.
On
May 15, 2020, Taronis Technologies, Inc. (the “Company”) will be unable to meet the filing deadline for its Quarterly
Report on Form 10-Q (“Quarterly Report”) due to circumstances related to COVID-19. The Company has been unable to
overcome the burden of limited access to its facilities and support staff as a result of COVID-19. The Company’s staff has
been mandated to work from home, which has resulted in unforeseen delays and inefficiencies in the preparation of the Quarterly
Report. As a result of COVID-19, the Company was also forced to delay the filing of its Annual Report on Form 10-K, which has
further delayed our ability to meet the filing deadline for our Quarterly Report.
The
Company is relying on the SEC order under Section 36 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
dated March 25, 2020 (Release No. 34-88465) to extend the due date for the filing of the 10-Q until June 30, 2020 (45 days after
the original due date). The Company will work diligently to comply with such requirement but, at this time, management believes
that it will need most, if not all of, the available extension period.
Forward-Looking
Statements
Certain
of the statements contained in this Current Report on Form 8-K should be considered forward-looking statements within the meaning
of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation
Reform Act of 1995. These forward-looking statements may be identified by words such as “may,” “will,”
“expect,” “intend,” “anticipate,” “believe,” “estimate,” “plan,”
“project,” “could,” “should,” “would,” “continue,” “seek,”
“target,” “guidance,” “outlook,” “if current trends continue,” “optimistic,”
“forecast” and other similar words. Such statements include, but are not limited to, statements about the Company’s
plans, objectives, expectations, intentions, estimates and strategies for the future, and other statements that are not historical
facts. These forward-looking statements are based on the Company’s current objectives, beliefs and expectations, and they
are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain
events to differ materially from the information in the forward-looking statements. There may be other factors of which the Company
is not currently aware that may affect matters discussed in the forward-looking statements and may also cause actual results to
differ materially from those discussed. In particular, the consequences of the COVID-19 outbreak to economic conditions and the
industry in general and the financial position and operating results of the Company in particular have been material, are changing
rapidly, and cannot be predicted. The Company does not assume any obligation to publicly update or supplement any forward-looking
statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements
other than as required by law. Any forward-looking statements speak only as of the date hereof or as of the dates indicated in
the statement.
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.
Date:
May 15, 2020
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TARONIS
TECHNOLOGIES, INC.
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/s/
Scott Mahoney
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By:
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Scott
Mahoney
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Its:
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Chief
Executive Officer
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Taronis Technologies (CE) (USOTC:TRNX)
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