SIGMA LABS, INC (OTCMKTS:SGLB) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously reported, on September 18, 2017, we received a notice from Nasdaq stating that, based on its review of our plan of compliance, Nasdaq granted the Company an extension until January 22, 2018 to regain compliance with Nasdaq Listing Rules 5605(b)(1) and 5605(c)(2) by appointing at least one more independent director to our Board of Directors and Audit Committee.
Nasdaq notified us on January 22, 2018 that it had determined that we have regained compliance with Nasdaq Listing Rules 5605(b)(1) and 5605(c)(2) as a result of our appointment of Mr. Summers to our Board of Directors and Audit Committee.
About SIGMA LABS, INC (OTCMKTS:SGLB)
Sigma Labs, Inc. is a technology company that specializes in the development and commercialization of manufacturing and materials technologies. The Company’s principal business activities include the development of its In-Process Quality Assurance (IPQA) suite of technologies and the commercialization of both its IPQA and materials-related suite of technologies, with its focus on three-dimensional printing (3DP) industry. It is engaged in a range of activities in which it seeks to commercialize technologies and products in various industry sectors, such as aerospace and defense manufacturing; bio-medical manufacturing; automotive manufacturing, and other markets. It offers PrintRite3D SENSORPAK, which is an auxiliary sensor and hardware kit; PrintRite3D INSPECT, which is a software that verifies quality layer by layer, and PrintRite3D CONTOUR, which is a software that assures the as-built geometry. Its other software modules include PrintRite3D THERMAL and PrintRite3D ANALYTICS.