Inspired Entertainment Faces Delisting Concerns
Ticker: INSE · Form: 8-K · Filed: Apr 9, 2024 · CIK: 1615063
| Field | Detail |
|---|---|
| Company | Inspired Entertainment, INC. (INSE) |
| Form Type | 8-K |
| Filed Date | Apr 9, 2024 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-rules, corporate-action
TL;DR
Inspired Entertainment might be delisted, filing an 8-K on 4/9 about listing rule issues.
AI Summary
Inspired Entertainment, Inc. filed an 8-K on April 9, 2024, reporting a notice of delisting or failure to satisfy a continued listing rule or standard. The filing indicates a potential transfer of listing, with the earliest event reported on April 3, 2024. The company was formerly known as Hydra Industries Acquisition Corp. before changing its name on July 28, 2014.
Why It Matters
This filing signals potential issues with Inspired Entertainment's stock listing, which could impact its market accessibility and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards is a significant negative event for a publicly traded company.
Key Players & Entities
- Inspired Entertainment, Inc. (company) — Registrant
- Hydra Industries Acquisition Corp. (company) — Former company name
- April 3, 2024 (date) — Earliest event reported
- April 9, 2024 (date) — Filing date
- July 28, 2014 (date) — Date of name change
FAQ
What specific listing rule or standard has Inspired Entertainment, Inc. failed to satisfy?
The filing does not specify the exact listing rule or standard that has not been satisfied, only that a notice has been issued.
What is the nature of the 'transfer of listing' mentioned in the filing?
The filing indicates a 'Transfer of Listing' as an item of information, but does not provide details on the destination or process of this transfer.
When was the earliest event reported that led to this 8-K filing?
The earliest event reported was on April 3, 2024.
What was Inspired Entertainment, Inc. previously known as?
The company was formerly known as Hydra Industries Acquisition Corp.
What is the primary purpose of this 8-K filing?
The primary purpose is to report a notice of delisting or failure to satisfy a continued listing rule or standard, and a transfer of listing.
Filing Stats: 656 words · 3 min read · ~2 pages · Grade level 11.5 · Accepted 2024-04-09 08:00:26
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 per share INSE The NASDAQ Stock Mar
Filing Documents
- form8-k.htm (8-K) — 40KB
- ex99-1.htm (EX-99.1) — 11KB
- 0001493152-24-014009.txt ( ) — 225KB
- inse-20240403.xsd (EX-101.SCH) — 3KB
- inse-20240403_lab.xml (EX-101.LAB) — 33KB
- inse-20240403_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 caused this report to be signed on its behalf by the undersigned hereunto duly authorized. April 9, 2024 Inspired Entertainment, Inc. By: /s/ Carys Damon Name: Carys Damon Title: General Counsel