BranchOut Food Faces Delisting Notice
Ticker: BOF · Form: 8-K · Filed: Oct 15, 2024 · CIK: 1962481
Sentiment: bearish
Topics: delisting, listing-standards, corporate-governance
TL;DR
BranchOut Food got a delisting warning, might get kicked off the exchange.
AI Summary
BranchOut Food Inc. filed an 8-K on October 10, 2024, reporting a notice of potential delisting or failure to meet continued listing standards. The company is also submitting matters to a vote of its security holders and filing financial statements and exhibits. The filing does not specify the exact reasons for the delisting notice or the matters to be voted on.
Why It Matters
This filing indicates potential issues with BranchOut Food Inc.'s compliance with stock exchange listing rules, which could lead to its shares 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 trading status and investor confidence.
Key Players & Entities
- BranchOut Food Inc. (company) — Registrant
- October 10, 2024 (date) — Earliest event reported
- Nevada (jurisdiction) — State of incorporation
- 001-41723 (identifier) — SEC File Number
- 87-3980472 (identifier) — I.R.S. Employer Identification Number
- 205 SE Davis Avenue, Bend Oregon (address) — Principal executive offices
- 97702 (zip_code) — Zip code for principal executive offices
- (844) 263-6637 (phone_number) — Registrant's telephone number
FAQ
What specific rule or standard has BranchOut Food Inc. failed to satisfy, leading to the notice of delisting?
The filing does not specify the exact rule or standard that BranchOut Food Inc. has failed to satisfy. It only states that there is a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard'.
What are the specific matters that will be submitted to a vote of BranchOut Food Inc.'s security holders?
The filing indicates that matters will be submitted to a vote, but it does not detail what those specific matters are.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on October 10, 2024.
What is the principal executive office address for BranchOut Food Inc.?
The principal executive office address for BranchOut Food Inc. is 205 SE Davis Avenue, Bend Oregon, 97702.
What is the SEC File Number for BranchOut Food Inc.?
The SEC File Number for BranchOut Food Inc. is 001-41723.
Filing Stats: 1,177 words · 5 min read · ~4 pages · Grade level 16.5 · Accepted 2024-10-15 07:30:25
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 per share BOF Nasdaq Capital Marke
- $2,210,476 — stockholders' equity of the Company of $2,210,476 as of December 31, 2023, as reported in
- $2,500,000 — 4, was below the minimum requirement of $2,500,000. Pursuant to Nasdaq's Listing Rules,
Filing Documents
- form8-k.htm (8-K) — 64KB
- 0001493152-24-041039.txt ( ) — 238KB
- bof-20241010.xsd (EX-101.SCH) — 3KB
- bof-20241010_lab.xml (EX-101.LAB) — 33KB
- bof-20241010_pre.xml (EX-101.PRE) — 24KB
- form8-k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities and 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: October 15, 2024 By: /s/ Eric Healy Eric Healy, Chief Executive Officer 4