NTN BUZZTIME, INC. (NYSEMKT:NTN) Files An 8-K Other Events
Item 8.01. Other Events.
On May 12, 2017, we received a letter from NYSE Regulation, Inc.
(NYSE Regulation) informing us that we have regained compliance
with the continued listing standards as set forth in Part 10 of
the NYSE MKT Company Guide (the Company Guide). Specifically, we
have resolved the previously reported continued listing
deficiencies with Sections 1003(a)(ii) and (iii) of the Company
Guide that related to the amount of our stockholders equity.
We will be subject to NYSE Regulations normal continued
monitoring. However, in accordance with Section 1009(h) of the
Company Guide, if we are again determined to be below any of the
continued listing standards within twelve months of May 12, 2017,
NYSE Regulation will examine the relationship between the two
incidents of noncompliance and re-evaluate our method of
financial recovery from the first incident. NYSE Regulation will
then take appropriate action, which, depending on the
circumstances, may include truncating the compliance procedures
described in Section 1009 of the Company Guide or immediately
initiating delisting proceedings.
About NTN BUZZTIME, INC. (NYSEMKT:NTN)
NTN Buzztime, Inc., formerly Alroy Industries, delivers entertainment and dining technology to bars and restaurants in North America. The Company provides an entertainment and marketing services platform for hospitality venues that offers games, events, and entertainment experiences to their customers. Its customers offer guests trivia, card, sports and arcade games, nationwide competitions, and self-service dining features, including dynamic menus, touchscreen ordering and secure payment by licensing the Company’s customizable solution. Its platform creates connections among the players and venues. Its network subscriber venues are related to national and regional restaurant brands, including Buffalo Wild Wings, Old Chicago, Beef O’Brady’s, Aroogas, Buffalo Wings & Rings, Native New Yorker and Boston Pizza. Its entertainment system enables players to interact at the venue, and it also enables competition between venues, referred to as multiplayer gaming. NTN BUZZTIME, INC. (NYSEMKT:NTN) Recent Trading Information
NTN BUZZTIME, INC. (NYSEMKT:NTN) closed its last trading session up +0.68 at 8.70 with 13,892 shares trading hands.
