MONSTER DIGITAL, INC. (NASDAQ:MSDI) Files An 8-K Regulation FD Disclosure

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MONSTER DIGITAL, INC. (NASDAQ:MSDI) Files An 8-K Regulation FD Disclosure

Item 7.01

Regulation FD Disclosure.

On June 1, 2017, the Company issued a press release announcing
that it has submitted its plan to Nasdaq detailing how it will
regain compliance with Nasdaq continued listing requirements. On
April 17, 2017, Monster Digital received a letter from Nasdaq
indicating that it was no longer in compliance with the minimum
stockholders equity requirement for continued listing on the
Nasdaq Capital Market. Nasdaq Listing Rule 5550(b)(1) requires
listed companies to maintain stockholders equity of at least $2.5
million. In Monster Digitals Annual Report on Form 10-K for the
year ended December31, 2016, it reported stockholders equity of
$2,488,000, which is below the minimum stockholders equity
required for continued listing to Nasdaq Listing Rule 5550(b)(1).
Further, as ofApril 17, 2017, Monster Digital did not meet the
alternative compliance standards relating to the market value of
listed securities or net income from continuing operations and
did not comply with the Nasdaq Listing Rules.

If the plan is accepted, Nasdaq may grant Monster Digital an
extension of up to 180 calendar days from the original
non-compliance date of April 17, 2017, or until October 13, 2017,
to regain compliance. The company’s common stock will continue
to trade on the Nasdaq Capital Market pending Nasdaq’s review of
the plan of compliance.

The press release is filed as Exhibit 99.1 to this Current Report
on Form 8-K and is incorporated herein by reference.

The information in this item shall not be deemed filed for
purposes of Section 18 of the Securities Exchange Act of 1934
(the Exchange Act), or otherwise subject to the liabilities of
Section 18, nor shall it be deemed incorporated by reference in
any of the Companys filings under the Securities Act of 1933, as
amended or the Exchange Act, except to the extent, if any,
expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

See the Exhibit Index set forth below for a list of exhibits
included with this Form 8-K.


About MONSTER DIGITAL, INC. (NASDAQ:MSDI)

Monster Digital, Inc. designs and engineers data storage and memory products. The Company is engaged in the design, development and marketing of its products under the Monster Digital brand for use in high-performance computing and consumer and mobile product applications. The Company’s primary product offerings include an action sports camera used in adventure sport, adventure photography and extreme-action videography; a line of ultra-small mobile external memory drive products for Apple iPhone operating system (iOS) devices; On-The-Go Cloud devices, which create a wireless fidelity (Wi-Fi) hot spot for multiple users while simultaneously allowing data to be viewed, played or transferred among the connected storage; a selection of memory storage products consisting of Solid State Drives (SSDs), removable flash memory CompactFlash cards (CF cards), secured digital cards (SD cards) and universal serial bus (USB) flash drives.

MONSTER DIGITAL, INC. (NASDAQ:MSDI) Recent Trading Information

MONSTER DIGITAL, INC. (NASDAQ:MSDI) closed its last trading session down -0.017 at 0.553 with 119,768 shares trading hands.