SEC Filing Summary: Dataram Corporation (Form 8-K)
Business Context and Reporting Period
This Form 8-K was filed by Dataram Corporation on December 19, 2013, reporting an event that occurred on December 18, 2013. The filing addresses the company's compliance status with NASDAQ listing requirements. Note: The request metadata lists "U.S. GOLD CORP.", but the filing text explicitly identifies the registrant as "Dataram Corporation."
Key Financial Metrics
The filing does not provide specific revenue, profit, cash flow, or debt figures. The only financial metric disclosed is the company's stockholders' equity, which has met the minimum threshold of $2,500,000 required for continued NASDAQ listing. This compliance was confirmed in the Form 10-Q filed on December 16, 2013, for the quarter ended October 31, 2013.
Material Changes
The primary material change reported is the restoration of compliance with NASDAQ listing standards. The company previously faced delisting risks due to insufficient stockholders' equity but has now regained compliance based on its most recent quarterly report.
Outlook, Risks, and Management Commentary
Management has issued a press release (Exhibit 99.1) regarding this event. The filing indicates no immediate risks regarding delisting, as the equity requirement is currently satisfied. No forward-looking guidance or unusual items are detailed in this specific report.
Investor Verification Checklist
- Verify the exact stockholders' equity figure in the Form 10-Q for the quarter ended October 31, 2013.
- Review the attached Press Release (Exhibit 99.1) for additional context on the company's financial strategy.
- Confirm the company's continued compliance with other NASDAQ listing requirements beyond stockholders' equity.
- Check for any subsequent filings that might indicate a change in compliance status.