NightHawk Biosciences Inc (NHWK)

[Saving Grace]

OLD NEWS! They already did it. FULL Compliance

As previously reported in the Company’s Form 8-K filed on March 18, 2016 with the SEC, on March 18, 2016, the Company entered into an underwriting agreement with Roth Capital Partners, LLC and Aegis Capital Corp., as representatives of the several underwriters, relating to the issuance and sale of 9,100,000 shares of its common stock, $0.0002 par value per share (the “Common Stock”), and warrants (“Warrant”) to purchase up to an aggregate of 6,825,000 shares of its Common Stock, at a combined public offering price of $0.75 per share and related warrant (the “Offering”). The Offering closed on March 23, 2016. The gross proceeds to the Company from the Offering were approximately $6.8 million, before deducting the underwriting discount and estimated Offering expenses payable by the Company, but excluding the exercise of any Warrants.

As of the date of this report, the Company believes that it has regained compliance with the stockholders’ equity requirement for continued Nasdaq listing as provided in NASDAQ Listing Rule 5550(b)(1) based upon the proceeds from the Offering completed on March 23, 2016 and the associated increase in the Company’s stockholders’ equity. As of the date of this report, the Company’s stockholders’ equity is in excess of $2,500,000.

http://ih.advfn.com/p.php?pid=nmona&article=70892868