Item 3.01. Notice of Failure to Satisfy a Continued Listing Rule or Standard;
Transfer of Listing.
On April 3, 2023, Universal Security Instruments, Inc. (the "Company") received
a letter from NYSE Regulation on behalf of NYSE American LLC (the "Exchange")
stating that the Company is not in compliance with the continued listing
standards set forth in Section 704 of the Exchange's Company Guide (the "Company
Guide") as the result of the Company's failure to hold an annual meeting for the
fiscal year ended March 31, 2022 by March 31, 2023.
The Company expects to hold an annual meeting in the fall of 2023, at which time
it will regain compliance with the NYSE American's continued listing standards.
On April 5, 2023, the Company issued a press release announcing its receipt of
the letter from the Exchange. A copy of the press release is included as Exhibit
99.1 to this Current Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(c) Exhibits
The following exhibits are filed herewith:
Exhibit No.
99.1 Press Release dated April 5, 2023
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document).
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