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( Mark One ) р UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 Form 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 Or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number : 001-38331 Florida ( State or other jurisdiction of incorporation or organization ) Title of each class Common Stock , $ 0.015 par value 150 Alhambra Circle , Suite 1200 , Coral Gables , FL ( Address of principal executive offices ) DOLPHIN ENTERTAINMENT , INC . ( Exact name of registrant as specified in its charter ) Registrant's telephone number ( 305 ) 774-0407 Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol ( s ) DLPN per share Securities registered pursuant to Section 12 ( g ) of the Act : None 86-0787790 ( I.R.S. Employer Identification No. ) 33134 ( Zip Code ) Name of each exchange on which registered The Nasdaq Capital Market Indicate by a check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . ¨ Yes þ No Indicate by a check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . " Yes þ No Indicate by a check mark if the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . þ Yes " No " Accelerated filer ¨ Indicate by check mark whether the registrant has submitted electronically , every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . þ Yes No Non - accelerated filer þ Indicate by a check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definitions of “ large accelerated filer , ” “ accelerated filer , ” “ smaller reporting company , " and " emerging growth company " in Rule 12b - 2 of the Exchange Act : Large accelerated filer " Smaller reporting company þ 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 . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting from that prepared or issued its audit port : o Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Act . ) ¨ Yes þ No The aggregate market value of the voting and non - voting common equity held by non - affiliates computed by reference to the price at which the common equity was last sold , as of the last business day of the registrant's most recently completed second fiscal quarter : $ 26,543,947 Number of shares outstanding of the registrant's common stock as of April 14 , 2021 : 7,605,477 DOCUMENTS INCORPORATED BY REFERENCE Portions of the Registrant's definitive proxy statement for its 2021 annual meeting of shareholders , which proxy statement will be filed no later than 120 days after the close of the Registrant's fiscal year ended December 31 , 2020 , are hereby incorporated by reference in Part III of this Annual Report on Form 10 - K .