PetVivo Holdings Terminates Material Definitive Agreement
Ticker: PETVW · Form: 8-K · Filed: Mar 11, 2024 · CIK: 1512922
| Field | Detail |
|---|---|
| Company | Petvivo Holdings, Inc. (PETVW) |
| Form Type | 8-K |
| Filed Date | Mar 11, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001, $2,500,000, $959,033 |
| Sentiment | neutral |
Sentiment: neutral
Topics: agreement-termination, material-event
Related Tickers: PETV
TL;DR
PETV terminated a big deal, details scarce.
AI Summary
On March 7, 2024, PetVivo Holdings, Inc. announced the termination of a material definitive agreement. The filing does not specify the other party involved in the agreement or the financial implications of this termination.
Why It Matters
The termination of a material definitive agreement can significantly impact a company's operations, financial standing, and future strategic direction.
Risk Assessment
Risk Level: medium — Termination of a material definitive agreement introduces uncertainty regarding the company's business relationships and financial stability.
Key Players & Entities
- PetVivo Holdings, Inc. (company) — Registrant
- March 7, 2024 (date) — Date of earliest event reported
- Nevada (jurisdiction) — State of incorporation
- 5251 Edina Industrial Blvd. (address) — Principal executive offices
- Edina, Minnesota (location) — Principal executive offices location
FAQ
What was the nature of the material definitive agreement that was terminated?
The filing states that a material definitive agreement was terminated but does not provide specific details about the nature of the agreement.
Who was the other party to the terminated agreement?
The filing does not disclose the identity of the other party involved in the terminated material definitive agreement.
What is the effective date of the termination?
The termination was reported as of March 7, 2024, which is the date of the earliest event reported.
Are there any financial penalties or implications associated with this termination?
The filing does not specify any financial penalties or implications resulting from the termination of the agreement.
Does this termination affect any ongoing business operations of PetVivo Holdings, Inc.?
The filing does not provide information on whether the termination affects ongoing business operations.
Filing Stats: 532 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2024-03-11 10:19:16
Key Financial Figures
- $0.001 — ch registered Common Stock, par value $0.001 PETV The Nasdaq Stock Market LLC
- $2,500,000 — ng an aggregate offering price of up to $2,500,000 through the Agent in "at-the-market off
- $959,033 — ATM Agreement, raising net proceeds of $959,033. The foregoing description of the ATM
Filing Documents
- form8-k.htm (8-K) — 37KB
- 0001493152-24-009497.txt ( ) — 247KB
- petv-20240307.xsd (EX-101.SCH) — 4KB
- petv-20240307_def.xml (EX-101.DEF) — 26KB
- petv-20240307_lab.xml (EX-101.LAB) — 36KB
- petv-20240307_pre.xml (EX-101.PRE) — 25KB
- form8-k_htm.xml (XML) — 5KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PETVIVO HOLDINGS, INC. Date: March 11, 2024 By: /s/ John Lai Name: John Lai Title: Chief Executive Officer 3