RDE, Inc. (RSTN) Amends 8-K, Confirms Emerging Growth Status
Ticker: GIFT · Form: 8-K/A · Filed: Jan 5, 2024 · CIK: 1760233
Complexity: simple
Sentiment: neutral
Topics: amendment, corporate-governance, administrative, emerging-growth-company
TL;DR
**RDE, Inc. (RSTN) filed an 8-K/A, updating its address and confirming its emerging growth company status.**
AI Summary
RDE, Inc. (RSTN) filed an 8-K/A on January 5, 2024, amending its original August 18, 2023, 8-K filing. This amendment clarifies the company's status as an "emerging growth company" and updates its business address to 5880 Live Oak Parkway, Suite 100, Norcross, Georgia 30093, with a new phone number of (773) 272-5000. This matters to investors because it provides updated administrative details and confirms its regulatory status, which can impact reporting requirements and investor perception of its growth stage.
Why It Matters
This filing provides updated contact information and confirms RDE, Inc.'s status as an emerging growth company, which can affect its regulatory obligations and investor perception.
Risk Assessment
Risk Level: low — This filing is an administrative amendment and does not contain information that significantly alters the company's financial position or operational risks.
Analyst Insight
A smart investor would note the updated contact information and the confirmation of 'emerging growth company' status, understanding that this status impacts regulatory reporting but doesn't signal immediate operational changes.
Key Players & Entities
- RDE, Inc. (company) — the registrant filing the 8-K/A
- August 18, 2023 (date) — date of the earliest event reported in the original 8-K
- January 5, 2024 (date) — date the 8-K/A was filed
- 5880 Live Oak Parkway, Suite 100, Norcross, Georgia 30093 (address) — RDE, Inc.'s updated principal executive offices
- (773) 272-5000 (phone_number) — RDE, Inc.'s updated telephone number
FAQ
What is the purpose of this 8-K/A filing by RDE, Inc.?
This 8-K/A filing is an Amendment No. 1 to a previous Current Report, primarily to update administrative information and confirm the registrant's status as an 'emerging growth company' as indicated by the checked box.
What was the original date of the event reported that this 8-K/A amends?
The original date of the earliest event reported was August 18, 2023, as stated in the filing under 'Date of Report (Date of earliest event reported): August 18, 2023'.
What is RDE, Inc.'s updated business address and phone number as per this filing?
According to the filing, RDE, Inc.'s updated business address is '5880 Live Oak Parkway, Suite 100 Norcross, Georgia 30093' and its telephone number is '(773) 272-5000'.
What is RDE, Inc.'s trading symbol and on which exchange is it registered?
RDE, Inc.'s trading symbol is 'RSTN' and it is registered on 'OTC:QB' for its Common Stock, as listed in the table under 'Title of each class'.
What is the significance of RDE, Inc. checking the 'Emerging growth company' box?
Checking the 'Emerging growth company' box signifies that RDE, Inc. qualifies for certain scaled disclosure requirements and exemptions from various regulatory provisions under the JOBS Act, which can reduce compliance costs.
Filing Stats: 782 words · 3 min read · ~3 pages · Grade level 13 · Accepted 2024-01-05 17:15:16
Key Financial Figures
- $2,000,000 — eement") that was amended to change the $2,000,000 cash payment to a payment of $500,000 r
- $500,000 — $2,000,000 cash payment to a payment of $500,000 rather than $1,000,000 at closing, and
- $1,000,000 — nt to a payment of $500,000 rather than $1,000,000 at closing, and in place of the balance
- $1,000,000 b — closing, and in place of the balance of $1,000,000 being paid in the form of a two year prom
- $1,500,000 — promissory note that the new balance of $1,500,000 would be paid as follows: $750,000 in t
- $750,000 — of $1,500,000 would be paid as follows: $750,000 in the form of a promissory note due an
- $15,000,000 — be for an amount equal to approximately $15,000,000) to allow RDE to become listed on the N
Filing Documents
- form8-ka.htm (8-K/A) — 38KB
- 0001493152-24-001603.txt ( ) — 211KB
- rstn-20230818.xsd (EX-101.SCH) — 3KB
- rstn-20230818_lab.xml (EX-101.LAB) — 33KB
- rstn-20230818_pre.xml (EX-101.PRE) — 22KB
- form8-ka_htm.xml (XML) — 3KB
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 thereunto duly authorized. Date: January 5, 2024 RDE, Inc. By: /s/ Ketan Thakker Ketan Thakker President and CEO -2-