Comstock Inc. (LODE) Files 8-K on Jan 5 Event, Confirms NYSE American Listing
Ticker: LODE · Form: 8-K · Filed: Jan 8, 2024 · CIK: 1120970
| Field | Detail |
|---|---|
| Company | Comstock Inc. (LODE) |
| Form Type | 8-K |
| Filed Date | Jan 8, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.000666 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, regulatory-filing, exchange-listing
TL;DR
**Comstock Inc. filed an 8-K confirming its NYSE American listing, business address, and other corporate details.**
AI Summary
Comstock Inc. filed an 8-K on January 8, 2024, reporting an event that occurred on January 5, 2024, under Item 8.01, "Other Events." The filing primarily updates the company's registration details, confirming its Common Stock, par value $0.000666 per share, is traded on the NYSE American under the symbol LODE. This matters to investors because it reaffirms the company's compliance with SEC reporting requirements and its continued listing on a major exchange, providing transparency and liquidity for shareholders.
Why It Matters
This filing confirms Comstock Inc.'s continued compliance with SEC regulations and its listing on the NYSE American, which is crucial for maintaining investor confidence and market accessibility for its stock.
Risk Assessment
Risk Level: low — This 8-K filing is routine and primarily provides administrative updates, indicating no immediate financial or operational risks.
Analyst Insight
A smart investor would view this as a routine administrative update, confirming the company's ongoing compliance and market presence, but it doesn't provide new information for investment decisions.
Key Numbers
- $0.000666 — Par Value per Share (The stated par value of Comstock Inc.'s Common Stock.)
Key Players & Entities
- Comstock Inc. (company) — the registrant filing the 8-K
- NYSE American (company) — the exchange where Comstock Inc.'s common stock is registered
- $0.000666 (dollar_amount) — par value per share of Common Stock
- LODE (company) — trading symbol for Comstock Inc.
- January 5, 2024 (date) — date of earliest event reported
- January 8, 2024 (date) — date the 8-K was filed
Forward-Looking Statements
- Comstock Inc. will continue to maintain its listing on the NYSE American. (Comstock Inc.) — high confidence, target: 2025-01-08
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 5, 2024, as stated under 'Date of Report (Date of earliest event reported): January 5, 2024'.
On which stock exchange is Comstock Inc.'s Common Stock registered?
Comstock Inc.'s Common Stock, with a par value of $0.000666 per share, is registered on the NYSE American, as indicated by 'Name of each exchange on which registered: NYSE American'.
What is the trading symbol for Comstock Inc.?
The trading symbol for Comstock Inc. is LODE, as specified under 'Trading symbol(s): LODE'.
What is the par value of Comstock Inc.'s Common Stock?
The par value of Comstock Inc.'s Common Stock is $0.000666 per share, as stated in the filing: 'Common Stock, par value $0.000666 per share'.
What is Comstock Inc.'s business address?
Comstock Inc.'s business address is 117 American Flat Road, Virginia City, Nevada 89440, with a telephone number of (775) 847-5272, as detailed in the filing.
Filing Stats: 419 words · 2 min read · ~1 pages · Grade level 11.5 · Accepted 2024-01-08 16:26:11
Key Financial Figures
- $0.000666 — ich registered Common Stock, par value $0.000666 per share LODE NYSE American Indicate
Filing Documents
- lode-20240105.htm (8-K) — 29KB
- exhibit991lode2024-01x08_c.htm (EX-99.1) — 15KB
- image.jpg (GRAPHIC) — 8KB
- 0001120970-24-000006.txt ( ) — 183KB
- lode-20240105.xsd (EX-101.SCH) — 2KB
- lode-20240105_lab.xml (EX-101.LAB) — 23KB
- lode-20240105_pre.xml (EX-101.PRE) — 12KB
- lode-20240105_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On January 5, 2024, Comstock Inc. (the "Company") elected to reacquired 2,605,322 shares of the Company's common stock from its wholly-owned subsidiary, LINICO Corporation, for cancellation upon receipt. The transaction reduced the Company's outstanding shares from 117,862,081 to 115,256,759.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. COMSTOCK INC. Date: January 8, 2024 By: /s/ Corrado De Gasperis Corrado De Gasperis Executive Chairman and Chief Executive Officer