As disclosed in the Companys Current Report on Form 8-K filed on June23, 2016, the Board of Directors of the Company appointed three new directors, Messrs. Christopher W. Ho, Michael Binney and Kin Yuen, effective as of June19, 2016, to fill existing vacancies on the Board of Directors. Mr.Yuen was determined to be independent by the Board of Directors under the NYSE MKT listing standards and appointed a member of the Audit Committee of the Board of Directors. Following Mr.Yuens appointment, the Companys Audit Committee is now comprised of two independent directors, Messrs. Yuen and Sethi, with Mr.Sethi continuing as the Chairman of the Audit Committee.
On June27, 2016, the Company received a letter from NYSE MKT confirming that the Company has resolved the continued listing deficiency described above and is now in compliance with the continued listing standards of the NYSE MKT.
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.
EMERSON RADIO CORP.
/s/ Duncan Hon
Name: Duncan Hon
Title:Chief Executive Officer
Dated: June30, 2016
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