Item 8.01. Other Events
On October 16, 2020, Youngevity International, Inc. (the "Company") received a
notification letter from the Nasdaq Hearing Panel (the "Panel") of The Nasdaq
Stock Market LLC ("Nasdaq") stating that the Panel had granted the Company's
request to extend the automatic 15-day stay of suspension from Nasdaq pending
the hearing scheduled with the Panel for November 5, 2020 and a final
determination regarding the Company's listing status. The Panel decision
maintains the status quo of the Company's shares pending the hearing.
On September 29, 2020, Nasdaq staff notified the Company that it had determined
to delist it as the Company had failed to comply with Nasdaq's filing
requirements set forth in Listing Rule Listing Rule 5250(c)(1) because it had
not filed its Form 10-K for the year ended December 31, 2019, and Forms 10-Q for
the periods ended March 31, 2020 and June 30, 2020.
On October 6, 2020, the Company appealed the delisting determinations to the
Panel, and requested that the stay of delisting, which otherwise would expire on
October 21, 2020, pursuant to Nasdaq Rule 5815(a)(1)(B), be extended until the
Panel issued a final decision on the matter. By letter dated October 16, 2020,
the Panel granted the Company's request to extend the stay of suspension pending
the hearing on November 5, 2020 and issuance of a final Panel decision.
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