N2OFF, Inc. Files 8-K: Material Agreement, Equity Sales
Ticker: NXTS · Form: 8-K · Filed: Dec 26, 2024 · CIK: 1789192
Sentiment: neutral
Topics: material-agreement, equity-sale, corporate-action
TL;DR
N2OFF (formerly Save Foods) filed an 8-K detailing a new material agreement and equity sales.
AI Summary
N2OFF, Inc. filed an 8-K on December 26, 2024, reporting on events that occurred on December 22, 2024. The filing indicates an entry into a material definitive agreement, unregistered sales of equity securities, and includes financial statements and exhibits. The company was formerly known as Save Foods, Inc. and is incorporated in Nevada.
Why It Matters
This 8-K filing signals significant corporate activity, including a new material agreement and equity transactions, which could impact the company's financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing involves unregistered sales of equity securities, which can sometimes indicate dilution or less transparent capital raising activities.
Key Players & Entities
- N2OFF, Inc. (company) — Registrant
- Save Foods, Inc. (company) — Former company name
- December 22, 2024 (date) — Earliest event reported
- December 26, 2024 (date) — Filing date
- Nevada (jurisdiction) — State of incorporation
FAQ
What is the nature of the material definitive agreement entered into by N2OFF, Inc.?
The filing does not specify the details of the material definitive agreement, only that one was entered into on December 22, 2024.
What type of equity securities were sold in the unregistered sale?
The filing indicates unregistered sales of equity securities but does not specify the type or terms of these securities.
When did N2OFF, Inc. change its name from Save Foods, Inc.?
The company's name was changed from Save Foods, Inc. on April 10, 2023.
What is the primary business of N2OFF, Inc. according to its SIC code?
N2OFF, Inc.'s Standard Industrial Classification (SIC) code is 2870, which corresponds to AGRICULTURE CHEMICALS.
Where is N2OFF, Inc. located?
N2OFF, Inc. has its business and mailing address at 156 FIFTH AVENUE 10TH FLOOR, NEW YORK, NY 10010-7751, and its operational address is HaPardes 134 (Meshek Sander) Neve Yarak, Israel.
Filing Stats: 686 words · 3 min read · ~2 pages · Grade level 11.5 · Accepted 2024-12-26 06:12:11
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share NITO The Nasdaq Capital M
- $250,000 — ant to which the Company agreed to loan $250,000 (the "Principal") to MitoCareX with int
Filing Documents
- form8-k.htm (8-K) — 44KB
- ex10-1.htm (EX-10.1) — 85KB
- 0001493152-24-051967.txt ( ) — 312KB
- nito-20241222.xsd (EX-101.SCH) — 3KB
- nito-20241222_lab.xml (EX-101.LAB) — 33KB
- nito-20241222_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: December 26, 2024 By: /s/ David Palach Name: David Palach Title: Chief Executive Officer