SS Innovations 8-K: No Exchange-Listed Securities
Ticker: SSII · Form: 8-K · Filed: Feb 1, 2024 · CIK: 1676163
Complexity: simple
Sentiment: bearish
Topics: corporate-governance, regulatory-filing, liquidity-risk
TL;DR
**SS Innovations has no exchange-listed securities, making it tough to trade.**
AI Summary
SS Innovations International, Inc. filed an 8-K on February 1, 2024, to report "Other Events" and "Financial Statements and Exhibits." This filing, under the Securities Exchange Act of 1934, indicates that the company has no securities registered pursuant to Section 12(b) of the Act, meaning it does not trade on major exchanges. This matters to investors because the lack of exchange listing can significantly impact liquidity and the ability to easily buy or sell shares, potentially making the stock a higher-risk, less accessible investment.
Why It Matters
This filing confirms SS Innovations International, Inc. does not have securities listed on major exchanges, which means its stock is likely illiquid and harder to trade for investors.
Risk Assessment
Risk Level: high — The absence of exchange-listed securities indicates low liquidity and potential difficulty in buying or selling shares, increasing investment risk.
Analyst Insight
A smart investor would recognize the lack of exchange-listed securities as a significant red flag for liquidity and market access, prompting further due diligence into how shares are traded and the overall investment viability before considering any position.
Key Players & Entities
- SS Innovations International, Inc. (company) — the registrant filing the 8-K
- Florida (company) — state of incorporation for SS Innovations International, Inc.
- Fort Lauderdale (company) — city of the principal executive offices for SS Innovations International, Inc.
- AVRA Medical Robotics, Inc. (company) — former name of SS Innovations International, Inc.
FAQ
What was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing was February 1, 2024.
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is SS INNOVATIONS INTERNATIONAL, INC.
Does SS Innovations International, Inc. have any securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934?
No, the filing explicitly states 'None' under 'Title of each Class' and 'N/A' for 'Trading Symbol' and 'Name of each exchange on which registered', indicating no securities are registered pursuant to Section 12(b) of the Act.
What is the business address of SS Innovations International, Inc.?
The business address of SS Innovations International, Inc. is 1600 SE 15th Street, #512, Fort Lauderdale, Florida, 33316.
What was the former name of SS Innovations International, Inc. and when did the name change occur?
The former name of SS Innovations International, Inc. was AVRA Medical Robotics, Inc., and the date of the name change was June 1, 2016 (20160601).
Filing Stats: 483 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-02-01 08:30:17
Filing Documents
- ea192608-8k_ssinnova.htm (8-K) — 25KB
- ea192608ex99-1_ssinnova.htm (EX-99.1) — 11KB
- ex99-1_001.jpg (GRAPHIC) — 1KB
- 0001213900-24-008744.txt ( ) — 209KB
- ssii-20240201.xsd (EX-101.SCH) — 3KB
- ssii-20240201_lab.xml (EX-101.LAB) — 33KB
- ssii-20240201_pre.xml (EX-101.PRE) — 22KB
- ea192608-8k_ssinnova_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On February 1, 2024, we issued a press release reporting that the Company had conducted a live remote robotic surgery demonstration using its telesurgery platform at the SS Innovations Multi-Specialty Robotic Surgical Conference which was held in Gurugram, Haryana, India on January 19 and 20, 2024 . A copy of the press release is included as Exhibit 99.1 to this Report.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release, dated February 1, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: February 1, 2024 SS INNOVATIONS INTERNATIONAL, INC. By: /s/ Sudhir Srivastava Sudhir Srivastava, M.D. Chairman and Chief Executive Officer 2