BranchOut Food Inc. Faces Delisting Concerns
Ticker: BOF · Form: 8-K · Filed: Aug 16, 2024 · CIK: 1962481
Sentiment: bearish
Topics: delisting, listing-rules, regulatory-filing
TL;DR
BranchOut Food is on the verge of being delisted, major red flag!
AI Summary
BranchOut Food Inc. filed an 8-K on August 16, 2024, reporting a notice of delisting or failure to satisfy continued listing rules. The company, incorporated in Nevada, has its principal executive offices in Bend, Oregon. The filing also includes financial statements and exhibits.
Why It Matters
This filing indicates potential issues with BranchOut Food Inc.'s continued listing on an exchange, which could significantly impact its stock trading and investor confidence.
Risk Assessment
Risk Level: high — The filing explicitly mentions a notice of delisting or failure to satisfy continued listing rules, indicating significant financial or operational distress.
Key Players & Entities
- BranchOut Food Inc. (company) — Registrant
- Nevada (jurisdiction) — State of incorporation
- Bend, Oregon (location) — Principal executive offices
- August 12, 2024 (date) — Earliest event reported
- August 16, 2024 (date) — Date of report
FAQ
What specific listing rule or standard has BranchOut Food Inc. failed to satisfy?
The filing does not specify the exact rule or standard that BranchOut Food Inc. has failed to satisfy, only that a notice has been issued.
What are the implications of this notice of delisting for BranchOut Food Inc. shareholders?
A delisting could lead to reduced liquidity for the stock, potential trading on over-the-counter markets, and a significant decrease in stock value.
Has BranchOut Food Inc. taken any steps to address the issues leading to this notice?
The provided text does not contain information about any specific steps taken by BranchOut Food Inc. to address the delisting concerns.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on August 12, 2024.
What is the business address of BranchOut Food Inc.?
The business address of BranchOut Food Inc. is 205 SE Davis Avenue, Suite C, Bend, Oregon 97702.
Filing Stats: 548 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-08-16 16:05:18
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share BOF Nasdaq Capital Marke
- $1.00 — of the Company's common stock was below $1.00 per share for 30 consecutive business d
Filing Documents
- form8-k.htm (8-K) — 38KB
- 0001493152-24-032813.txt ( ) — 208KB
- bof-20240812.xsd (EX-101.SCH) — 3KB
- bof-20240812_lab.xml (EX-101.LAB) — 33KB
- bof-20240812_pre.xml (EX-101.PRE) — 22KB
- form8-k_htm.xml (XML) — 4KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits . Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
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. BranchOut Food Inc. Date: August 16, 2024 By: /s/ Eric Healy Eric Healy, Chief Executive Officer 3