Current Report Filing (8-k)
May 12 2020 - 2:18PM
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 12, 2020
(Exact
Name of Registrant as Specified in Charter)
Georgia
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000-53754
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20-2027731
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(State
or Other Jurisdiction
of
Incorporation
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(Commission
File
Number)
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(IRS
Employer
Identification
No.)
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725
Southbridge St
Worcester,
MA
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01609
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(Address
of Principal Executive Offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code: (508) 791-9114
N/A
(Former
Name or Former Address, if Changed Since Last Report)
Securities
registered pursuant to Section 12(b) of the Exchange 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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NONE
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NONE
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NONE
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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):
☐ 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))
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
7.01. Regulation FD Disclosure.
Vystar
Corporation (the “Company”) is providing the following update on the filing of its Form 10-Q for the quarter ended
March 31, 2020. As result of the global outbreak of the COVID-19 virus and by state order, employees and agents are no longer
permitted to be on the Company’s retail store premises.
The
Securities and Exchange Commission (the “SEC”) issued an Order under Section 36 of the Exchange Act granting
exemptions from specified provisions of the Exchange Act and certain rules thereunder (the “Order”). The Order provides
that a registrant subject to the reporting requirements of Exchange Act Section 13(a) or 15(d), and any person required to
make any filings with respect to such a registrant, is exempt from any requirement to file or furnish materials with the Commission
under Exchange Act Sections 13(a), 13(f), 13(g), 14(a), 14(c), 14(f), 15(d) and Regulations 13A, Regulation 13D-G (except for
those provisions mandating the filing of Schedule 13D or amendments to Schedule 13D), 14A, 14C and 15D, and Exchange Act Rules
13f-1, and 14f-1, as applicable, where certain conditions are satisfied.
The
Company is relying on this Order and is furnishing this Current Report on Form 8-K by the original filing deadline of the report.
The Company currently expects to file its Quarterly Report on Form 10-Q approximately 45 days after May 15, 2020. The Company
will evaluate its need for an additional extension under Rule 12b-25 at that time, as contemplated by the Order.
Item 8.01. Other
events
As
a result of the recent COVID-19 outbreak and associated quarantines, statewide stay at home orders, and government recommendations
of “social distancing”, in store sales of the Company’s subsidiary, Rotmans Furniture, have ceased, and the
store is closed. In the upcoming weeks, the Company will continue to explore its options as it seeks to mitigate loss in revenue
and defaults on loan payments.
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 hereunto duly authorized.
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VYSTAR
CORPORATION
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Date: May
12, 2020
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By:
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/s/
Steven Rotman
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Name:
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Steven Rotman
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Title:
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President/Chief Executive Officer
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Vystar (CE) (USOTC:VYST)
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