Syra Health Corp. Faces Delisting Concerns
Ticker: SYRA · Form: 8-K · Filed: Oct 21, 2024 · CIK: 1922335
| Field | Detail |
|---|---|
| Company | Syra Health Corp (SYRA) |
| Form Type | 8-K |
| Filed Date | Oct 21, 2024 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $1.00, $1.00 m |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-standards, regulatory-filing
TL;DR
SYRA might get delisted - big trouble brewing.
AI Summary
Syra Health Corp. filed an 8-K on October 21, 2024, reporting a notice of delisting or failure to satisfy a continued listing rule. The earliest event reported is October 18, 2024. The company is incorporated in Delaware and its principal executive offices are located in Carmel, Indiana.
Why It Matters
This filing indicates potential issues with Syra Health Corp.'s continued listing on an exchange, which could impact its stock trading 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 severe consequences for a company's stock.
Key Players & Entities
- Syra Health Corp. (company) — Registrant
- October 18, 2024 (date) — Earliest event reported
- October 21, 2024 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- Carmel, IN (location) — Principal executive offices
FAQ
What specific listing rule or standard has Syra Health Corp. failed to satisfy?
The filing does not specify the exact rule or standard that Syra Health Corp. has failed to satisfy, only that a notice has been issued.
What is the earliest date associated with the reported event?
The earliest event reported is dated October 18, 2024.
When was this Form 8-K filed with the SEC?
This Form 8-K was filed on October 21, 2024.
Where are Syra Health Corp.'s principal executive offices located?
Syra Health Corp.'s principal executive offices are located at 1119 Keystone Way N. #201, Carmel, IN 46032.
What is Syra Health Corp.'s state of incorporation?
Syra Health Corp. is incorporated in Delaware.
Filing Stats: 690 words · 3 min read · ~2 pages · Grade level 11.9 · Accepted 2024-10-21 16:15:39
Key Financial Figures
- $0.001 — hich registered Class A Common Stock, $0.001 par value SYRA The Nasdaq Stock Mar
- $1.00 — ness days, had closed below the minimum $1.00 per share and, as a result, the Company
- $1.00 m — e Company is not in compliance with the $1.00 minimum bid price requirement for the con
Filing Documents
- form8-k.htm (8-K) — 36KB
- 0001493152-24-041772.txt ( ) — 207KB
- syra-20241018.xsd (EX-101.SCH) — 3KB
- syra-20241018_lab.xml (EX-101.LAB) — 33KB
- syra-20241018_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, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SYRA HEALTH CORP. Date: October 21, 2024 By: /s/ Deepika Vuppalanchi Deepika Vuppalanchi Chief Executive Officer