UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date of
Earliest Event Reported: November
20, 2020
General Moly, Inc.
(Exact name of registrant as specified in its charter)
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Delaware
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001-32986
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91-0232000
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(State or other jurisdictionof incorporation)
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(Commissionfile number)
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(IRS employeridentification no.)
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1726 Cole Blvd., Suite 115
Lakewood, CO 80401
(Address of principal executive offices, including zip
code)
(303) 928-8599
(Registrant’s telephone number, including area
code)
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 210.14d-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:
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Title
of each class
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Trading
Symbol(s)
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Name of
each exchange on which registered
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Common Stock, par value $0.001 per share
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GMO
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Toronto Stock Exchange
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Indicate
by check mark whether the registrant is an emerging growth company
as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of
1934 (§240.12b-2 of this chapter)
Emerging growth
company ☐
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.
On
November 20, 2020, the Ontario Securities Commission issued a
general “failure to file” cease trade order
(“CTO”) in respect of the securities of General Moly,
Inc. (the “Company”) as a result of the Company’s
failure to file its Form 10-Q for the quarter ended September 30,
2020 (the “Form 10-Q”), the related management’s
discussion and analysis of financial condition and results of
operations, and required certifications by the filing deadline. The
CTO is effective as of November 20, 2020 and will remain in place
unless and until the Form 10-Q is filed. The CTO prohibits the
trading by any person of any securities of the Company in each
jurisdiction in Canada in which the Company is a reporting issuer
for as long as the CTO remains in effect; however, the CTO provides
an exception for beneficial security holders of the Company who are
not currently (and who were not as of November 20, 2020) insiders
or control persons of the Company and who sell securities of the
Company acquired before November 20, 2020 if both of the following
criteria are met: (i) the sale is made through a “foreign
organized regulated market”, as defined in section 1.1 of the
Universal Market Integrity Rules of the Investment Industry
Regulatory Organization of Canada and (ii) the sale is made through
an investment dealer registered in a jurisdiction of Canada in
accordance with applicable securities legislation.
As
previously disclosed, the Company does not anticipate filing the
Form 10-Q or subsequent quarterly or annual filings.
The
Company cautions that trading in the Company’s securities is
highly speculative and poses substantial risks. Trading prices for
the Company’s securities may bear little or no relationship
to the actual value realized, if any, by holders of the
Company’s securities. Accordingly, the Company urges extreme
caution with respect to existing and future investments in its
securities.
SIGNATURES
Pursuant to the
requirements of the Securities Exchange Act of 1934, the Company
has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
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GENERAL MOLY,
INC.
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Dated: November 23,
2020
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By:
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/s/ Thomas M.
Kim
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Thomas M.
Kim
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Interim Chief
Executive Officer
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