N2OFF, Inc. Faces Delisting Concerns
Ticker: NXTS · Form: 8-K · Filed: Jul 9, 2024 · CIK: 1789192
Sentiment: bearish
Topics: delisting, listing-standards, corporate-actions
TL;DR
N2OFF (formerly Save Foods) might get delisted - big trouble brewing.
AI Summary
N2OFF, Inc. (formerly Save Foods, Inc.) filed an 8-K on July 9, 2024, to report a notice of delisting or failure to satisfy a continued listing rule or standard. The filing indicates a potential transfer of listing, though specific details regarding the delisting event or transfer are not provided in this excerpt.
Why It Matters
This filing signals potential issues with N2OFF, Inc.'s compliance with stock exchange listing requirements, which could impact its trading status 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 the stock becoming illiquid or trading on over-the-counter markets.
Key Players & Entities
- N2OFF, Inc. (company) — Registrant
- Save Foods, Inc. (company) — Former company name
- July 8, 2024 (date) — Earliest event reported date
- July 9, 2024 (date) — Filing date
FAQ
What specific listing rule or standard has N2OFF, Inc. failed to satisfy?
The provided excerpt does not specify the exact listing rule or standard that N2OFF, Inc. has failed to satisfy.
What is the reason for the potential transfer of listing?
The filing indicates a 'Transfer of Listing' as part of the item information, but the specific reasons for this transfer are not detailed in the provided text.
When was N2OFF, Inc. formerly known as Save Foods, Inc.?
The company was formerly known as Save Foods, Inc. with a date of name change on April 10, 2023.
What is the principal executive office address of N2OFF, Inc.?
The principal executive offices are located at HaPardes 134 (Meshek Sander) Neve Yarak, Israel, 4994500.
What is the Commission File Number for N2OFF, Inc.?
The Commission File Number for N2OFF, Inc. is 001-40403.
Filing Stats: 701 words · 3 min read · ~2 pages · Grade level 14.1 · Accepted 2024-07-09 16:05:35
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share NITO The Nasdaq Capital M
- $1.00 — r share (the "Common Stock"), was below $1.00 per share, which is the minimum closing
Filing Documents
- form8-k.htm (8-K) — 36KB
- 0001493152-24-026622.txt ( ) — 205KB
- nito-20240708.xsd (EX-101.SCH) — 3KB
- nito-20240708_lab.xml (EX-101.LAB) — 33KB
- nito-20240708_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, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. N2OFF, Inc. Date: July 9, 2024 By: /s/ David Palach Name: David Palach Title: Chief Executive Officer