CEA Industries Faces Delisting Notice
Ticker: BNCWW · Form: 8-K · Filed: Apr 10, 2024 · CIK: 1482541
| Field | Detail |
|---|---|
| Company | Cea Industries Inc. (BNCWW) |
| Form Type | 8-K |
| Filed Date | Apr 10, 2024 |
| Risk Level | high |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.00001, $1.00 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, compliance, listing-standards
TL;DR
CEA Industries got a notice about possibly getting delisted. Big trouble.
AI Summary
CEA Industries Inc. (formerly Surna Inc.) filed an 8-K on April 10, 2024, to report a notice of delisting or failure to meet continued listing standards. The company, incorporated in Nevada, is based in Louisville, Colorado.
Why It Matters
This filing indicates potential issues with CEA Industries' compliance with stock exchange listing rules, which could lead to the company's stock being delisted.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's stock viability and investor confidence.
Key Players & Entities
- CEA Industries Inc. (company) — Registrant
- Surna Inc. (company) — Former company name
- April 10, 2024 (date) — Date of report
- Nevada (jurisdiction) — State of incorporation
- Louisville, Colorado (location) — Principal executive offices
FAQ
What is the primary reason for this Form 8-K filing?
The primary reason for this Form 8-K filing is to report a notice of delisting or failure to satisfy a continued listing rule or standard.
What was CEA Industries Inc. formerly known as?
CEA Industries Inc. was formerly known as Surna Inc.
In which state was CEA Industries Inc. incorporated?
CEA Industries Inc. was incorporated in Nevada.
What is the address of CEA Industries Inc.'s principal executive offices?
The address of CEA Industries Inc.'s principal executive offices is 385 South Pierce Avenue, Suite C, Louisville, Colorado 80027.
What is the Commission File Number for CEA Industries Inc.?
The Commission File Number for CEA Industries Inc. is 001-41266.
Filing Stats: 811 words · 3 min read · ~3 pages · Grade level 12.7 · Accepted 2024-04-10 16:52:43
Key Financial Figures
- $0.00001 — nge on which registered Common Stock, $0.00001 par value CEAD Nasdaq Capital Mark
- $1.00 — y did not meet the minimum bid price of $1.00 per share required for continued listin
Filing Documents
- form8-k.htm (8-K) — 42KB
- 0001493152-24-014235.txt ( ) — 254KB
- cead-20240410.xsd (EX-101.SCH) — 4KB
- cead-20240410_def.xml (EX-101.DEF) — 26KB
- cead-20240410_lab.xml (EX-101.LAB) — 36KB
- cead-20240410_pre.xml (EX-101.PRE) — 25KB
- form8-k_htm.xml (XML) — 5KB
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. Date: April 10, 2024 CEA INDUSTRIES INC. By /s/ Anthony K. McDonald Anthony K. McDonald President and Chief Executive Officer