UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): October 5, 2021

 

IMAGEWARE SYSTEMS, INC.

(Exact name of Registrant as specified in its Charter)

 

Delaware

 

001-15757

 

33-0224167

(State or other jurisdiction

of incorporation)

 

(Commission File No.)

 

(IRS Employer

Identification No.)

 

11440 W. Bernardo Court, Suite 300

San Diego, California 92127

(Address of principal executive offices)

 

(858) 673-8600

(Registrant’s Telephone Number)

 

Not Applicable

(Former name or address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐ 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐ 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐ 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐ 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading Symbol(s)

 

Name of exchange on which registered

None

 

IWSY

 

N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2) ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act ☐

 

 

 

   

Item 8.01.  Other Events

 

ImageWare Systems, Inc. today announced that, in connection with a review of its assets, it is discontinuing its pillphone messaging platform to focus on its Cloud-based, multimodal biometric cybersecurity solutions and the markets requiring faster, accurate identification to better secure communities, data and assets against costly ransomware attacks. 

 

Pillphone has been cleared by the Federal Drug Administration and is HIPAA compliant and was originally developed utilizing certain intellectual property acquired from Vocel, Inc. (“Vocel”) in 2012.  The intellectual property acquired from Vocel will be placed in a separate non-operating entity.

 

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

IMAGEWARE SYSTEMS, INC.

 

 

 

 

 

Date: October 5, 2021

By:

/s/ Kristin Taylor 

 

 

 

Kristin Taylor

 

 

 

Chief Executive Officer

 

 

 

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