UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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FORM
CURRENT REPORT
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Item 7.01. Regulation FD Disclosure.
On November 30, 2022, Sysorex, Inc. (the “Company”) issued a press release announcing certain business updates, including that, effective November 25, 2022, its shares of common stock are quoted on OTC Market Group’s (“OTC Markets”) Pink Current Information tier, in lieu of the OTCQB. A copy of the foregoing press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
The information included in this Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. The information set forth under this Item 7.01 shall not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K that is required to be disclosed solely to satisfy the requirements of Regulation FD.
Item 8.01. Other Events.
On November 23, 2022, the Company was notified by OTC Markets that because the Company’s closing bid price was below $0.001 for five consecutive trading days, the Company was moved from the OTCQB tier to the Pink tier, effective November 25, 2022. The Company remains fully reporting with the U.S. Securities and Exchange Commission, and its common stock will continue to trade on the Pink tier under the ticker symbol “SYSX.”
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press release of the registrant issued on November 30, 2022. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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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.
| SYSOREX, INC. | ||
| Date: November 30, 2022 | By: | /s/ Wayne Wasserberg |
| Wayne Wasserberg | ||
| Chief Executive Officer | ||
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