N2OFF, Inc. Files 8-K on Agreements and Equity Sales
Ticker: NXTS · Form: 8-K · Filed: Oct 2, 2024 · CIK: 1789192
Sentiment: neutral
Topics: material-agreement, financial-obligation, equity-sale
TL;DR
N2OFF (formerly Save Foods) dropped an 8-K detailing new deals and stock sales. Watch this space.
AI Summary
N2OFF, Inc. (formerly Save Foods, Inc.) filed an 8-K on October 2, 2024, reporting on several key events. These include entering into a material definitive agreement, creating a direct financial obligation, and unregistered sales of equity securities. The company, incorporated in Nevada, is in the agriculture chemicals sector.
Why It Matters
This filing indicates significant corporate actions, including new financial obligations and equity transactions, which could impact the company's financial structure and shareholder value.
Risk Assessment
Risk Level: medium — The filing mentions unregistered sales of equity securities and creation of financial obligations, which can introduce financial and regulatory risks.
Key Numbers
- 001-40403 — SEC File Number (Identifies the company's filing with the SEC.)
- 26-4684680 — IRS Number (Company's tax identification number.)
Key Players & Entities
- N2OFF, Inc. (company) — Registrant
- Save Foods, Inc. (company) — Former company name
- October 2, 2024 (date) — Date of earliest event reported
- 156 FIFTH AVENUE 10TH FLOOR (address) — Business and mailing address
- NEW YORK (location) — City for business and mailing address
- NV (location) — State of incorporation
FAQ
What specific material definitive agreement did N2OFF, Inc. enter into?
The filing indicates the entry into a material definitive agreement, but the specific details of the agreement are not provided in the provided text.
What is the nature of the direct financial obligation created by N2OFF, Inc.?
The filing states that a direct financial obligation was created, but the specifics of this obligation are not detailed in the provided text.
What were the circumstances of the unregistered sales of equity securities?
The filing reports unregistered sales of equity securities, but the details regarding the number of shares, price, or purchasers are not included in the provided text.
When did N2OFF, Inc. change its name from Save Foods, Inc.?
The filing indicates a name change from Save Foods, Inc. on April 10, 2023, and from Save Foods Inc. on September 24, 2019.
What is N2OFF, Inc.'s Standard Industrial Classification (SIC) code and industry?
N2OFF, Inc.'s SIC code is 2870, which corresponds to Agriculture Chemicals.
Filing Stats: 1,308 words · 5 min read · ~4 pages · Grade level 11.6 · Accepted 2024-10-02 08:48:27
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share NITO The Nasdaq Capital M
- $1.00 — ant Shares"), with an exercise price of $1.00 per share. Such warrant may not be exer
- $7,500 — the Company is responsible for up to US$7,500 of expenses incurred by the Lender in c
Filing Documents
- form8-k.htm (8-K) — 52KB
- ex10-1.htm (EX-10.1) — 142KB
- ex10-2.htm (EX-10.2) — 149KB
- ex99-1.htm (EX-99.1) — 15KB
- ex99-1_001.jpg (GRAPHIC) — 10KB
- 0001493152-24-039126.txt ( ) — 606KB
- nito-20241002.xsd (EX-101.SCH) — 3KB
- nito-20241002_lab.xml (EX-101.LAB) — 33KB
- nito-20241002_pre.xml (EX-101.PRE) — 24KB
- 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: October 2, 2024 By: /s/ David Palach Name: David Palach Title: Chief Executive Officer