JanOne Inc. Enters Material Definitive Agreement
Ticker: ALTS · Form: 8-K · Filed: May 31, 2024 · CIK: 862861
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
JanOne Inc. just signed a big financial deal, could be good or bad.
AI Summary
On May 28, 2024, JanOne Inc. entered into a material definitive agreement related to a direct financial obligation. The company, formerly known as Appliance Recycling Centers of America Inc /MN, is incorporated in Nevada and headquartered in Las Vegas, NV.
Why It Matters
This filing indicates JanOne Inc. has entered into a significant financial agreement, which could impact its financial obligations and future operations.
Risk Assessment
Risk Level: medium — Entering into new financial obligations can introduce financial risks and impact the company's balance sheet.
Key Players & Entities
- JanOne Inc. (company) — Registrant
- Appliance Recycling Centers of America Inc /MN (company) — Former Company Name
- May 28, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of Incorporation
- Las Vegas, NV (location) — Principal Executive Offices
FAQ
What type of material definitive agreement did JanOne Inc. enter into?
The filing states JanOne Inc. entered into a material definitive agreement related to a direct financial obligation or an obligation under an off-balance sheet arrangement.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on May 28, 2024.
What was JanOne Inc.'s former company name?
JanOne Inc.'s former company name was Appliance Recycling Centers of America Inc /MN.
In which state is JanOne Inc. incorporated?
JanOne Inc. is incorporated in Nevada.
What is the principal executive office address for JanOne Inc.?
The principal executive office address is 325 E. Warm Springs Road, Suite 102, Las Vegas, NV 89119.
Filing Stats: 668 words · 3 min read · ~2 pages · Grade level 9.7 · Accepted 2024-05-31 16:05:31
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share JAN The NASDAQ
- $250,000 — to pay a civil penalty in the amount of $250,000 under Section 21(d)(3) of the Exchange
- $62,500 — from the Company, each in the amount of $62,500. The Settlement Agreement is attached t
Filing Documents
- form8-k.htm (8-K) — 43KB
- 0001493152-24-022190.txt ( ) — 213KB
- jan-20240528.xsd (EX-101.SCH) — 3KB
- jan-20240528_lab.xml (EX-101.LAB) — 33KB
- jan-20240528_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
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. JanOne Inc. By: /s/ Tony Isaac Name: Tony Isaac Title: President and Chief Executive Officer Dated: May 30, 2024 3