Enveric Biosciences Faces Delisting Concerns
Ticker: ENVB · Form: 8-K · Filed: May 17, 2024 · CIK: 890821
| Field | Detail |
|---|---|
| Company | Enveric Biosciences, Inc. (ENVB) |
| Form Type | 8-K |
| Filed Date | May 17, 2024 |
| Risk Level | high |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $1.00 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, compliance, listing-standards
TL;DR
Enveric Biosciences might be delisted - big trouble for stock.
AI Summary
Enveric Biosciences, Inc. filed an 8-K on May 17, 2024, to report a notice of delisting or failure to satisfy a continued listing rule or standard. The company, previously known as Ameri Holdings, Inc. and Spatializer Audio Laboratories Inc., is incorporated in Delaware and headquartered in Naples, Florida.
Why It Matters
This filing indicates potential issues with Enveric Biosciences' compliance with stock exchange listing requirements, which could impact its stock's tradability and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's continued trading on an exchange.
Key Players & Entities
- Enveric Biosciences, Inc. (company) — Registrant
- AMERI Holdings, Inc. (company) — Former company name
- SPATIALIZER AUDIO LABORATORIES INC (company) — Former company name
- May 16, 2024 (date) — Date of earliest event reported
- May 17, 2024 (date) — Date of report
- Naples, FL (location) — Principal executive offices location
FAQ
What is the specific reason for Enveric Biosciences' potential delisting?
The filing states it is a 'Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard,' but the specific rule or standard is not detailed in this excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on May 16, 2024.
What is Enveric Biosciences' principal executive office address?
The principal executive offices are located at 4851 Tamiami Trail N, Suite 200, Naples, FL 34103.
Has Enveric Biosciences changed its name previously?
Yes, the company was formerly known as AMERI Holdings, Inc. (name change on May 27, 2015) and SPATIALIZER AUDIO LABORATORIES INC.
What is the Commission File Number for Enveric Biosciences?
The Commission File Number is 001-38286.
Filing Stats: 1,044 words · 4 min read · ~3 pages · Grade level 13.4 · Accepted 2024-05-17 17:25:22
Key Financial Figures
- $0.01 — ch registered Common stock, par value $0.01 per share ENVB The Nasdaq Stock Mar
- $1.00 — common stock listed on Nasdaq was below $1.00 for 30 consecutive business days, the C
Filing Documents
- form8-k.htm (8-K) — 39KB
- 0001493152-24-020489.txt ( ) — 211KB
- envb-20240516.xsd (EX-101.SCH) — 3KB
- envb-20240516_lab.xml (EX-101.LAB) — 33KB
- envb-20240516_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. Date: May 17, 2024 ENVERIC BIOSCIENCES, INC. By: /s/ Joseph Tucker Joseph Tucker, Ph.D. Chief Executive Officer