SNDL Inc 6-K, filed May 28, 2021
SNDL Inc. (SNDL)
About this 6-K
SNDL Inc filed this 6-K on May 28, 2021.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
Form 6-K
REPORT OFFOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR15d-16 OF THE
SECURITIES EXCHANGE ACT OF 1934
For the month of May 2021
Commission File Number 001-39005
SUNDIAL GROWERS INC.
(Registrant’s name)
#300, 919– 11 Avenue SW
Calgary, AB T2R 1P3
Tel.: (403) 948-5227
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ 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): ☐
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, thereunto duly authorized.
| SUNDIAL GROWERS INC. | |||
|---|---|---|---|
| Date: May 28, 2021 | By: | /s/ Jim Keough | |
| Name: | Jim Keough | ||
| Title: | Chief Financial Officer |
EXHIBIT
| Exhibit | Description of Exhibit |
|---|---|
| 99.1 | Statement of Sundial Growers Inc. regarding receipt of letter from Nasdaq concerning non-compliance with Nasdaq’s minimum bid price requirement. |
EX-99.1
Exhibit 99.1
Statement of Sundial Growers Inc. regarding receipt of letter from Nasdaq concerning non-compliance withNasdaq’s minimum bid price requirement.
Sundial Growers Inc. (the “Company”) was notified on May 25, 2021 by the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) that the closing bid price of the Company’s common shares for the last 30 consecutive business days from April 12, 2021 to May 24, 2021 did not meet the minimum bid price of US$1.00 per share (the “Minimum Bid Requirement”). The notice has no immediate effect on the trading of the Company’s common shares on Nasdaq and the Company has until November 22, 2021 to regain compliance with the Minimum Bid Price Requirement. The Company will actively monitor its closing bid price during the compliance period and intends to take appropriate measures to remedy the deficiency and regain compliance with the Minimum Bid Requirement.