Hanryu Holdings Faces Delisting Concerns
Ticker: GITS · Form: 8-K · Filed: Aug 23, 2024 · CIK: 1911545
| Field | Detail |
|---|---|
| Company | Hanryu Holdings, INC. (GITS) |
| Form Type | 8-K |
| Filed Date | Aug 23, 2024 |
| Risk Level | high |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-standards, financial-statements
TL;DR
Hanryu Holdings might get delisted, check their latest filings.
AI Summary
Hanryu Holdings, Inc. filed an 8-K on August 23, 2024, reporting a notice of delisting or failure to satisfy a continued listing rule. The filing also includes financial statements and exhibits, with the earliest event reported being August 20, 2024. The company is incorporated in Delaware and its principal executive offices are located in Seoul, Republic of Korea.
Why It Matters
This filing indicates potential issues with Hanryu Holdings' continued listing on an exchange, which could impact its stock trading and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards is a significant negative event that can lead to severe stock price declines and reduced liquidity.
Key Players & Entities
- Hanryu Holdings, Inc. (company) — Registrant
- August 20, 2024 (date) — Earliest event reported
- August 23, 2024 (date) — Filing date
- Seoul, Republic of Korea (location) — Principal executive offices
FAQ
What specific rule or standard has Hanryu Holdings failed to satisfy, leading to the notice of delisting?
The filing does not specify the exact rule or standard that Hanryu Holdings has failed to satisfy, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on August 20, 2024.
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report a notice of delisting or failure to satisfy a continued listing rule or standard, and to include financial statements and exhibits.
Where are Hanryu Holdings' principal executive offices located?
Hanryu Holdings' principal executive offices are located at 160, Yeouiseo-ro, Yeongdeungpo-gu, Seoul, Republic of Korea.
What is the SEC file number for Hanryu Holdings?
The SEC file number for Hanryu Holdings is 001-41763.
Filing Stats: 763 words · 3 min read · ~3 pages · Grade level 11.9 · Accepted 2024-08-23 16:21:31
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share HRYU The Nasdaq Stock Mar
Filing Documents
- d227743d8k.htm (8-K) — 28KB
- d227743dex991.htm (EX-99.1) — 7KB
- 0001193125-24-206198.txt ( ) — 162KB
- hryu-20240820.xsd (EX-101.SCH) — 3KB
- hryu-20240820_lab.xml (EX-101.LAB) — 18KB
- hryu-20240820_pre.xml (EX-101.PRE) — 11KB
- d227743d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press release dated August 23, 2024. 104 Cover Page Interactive Data File, formatted in Inline XBRL
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. Hanryu Holdings, Inc. By: /s/ Taehoon Kim Date: August 23, 2024 Name: Taehoon Kim Title: Interim Chief Executive Officer