Vocodia Holdings Corp. Faces Delisting Notice
Ticker: VHABW · Form: 8-K · Filed: Sep 10, 2024 · CIK: 1880431
Sentiment: bearish
Topics: delisting, listing-rules, compliance
Related Tickers: VHAI
TL;DR
Vocodia got a delisting warning, stock might be in trouble.
AI Summary
Vocodia Holdings Corp. filed an 8-K on September 10, 2024, reporting a notice of delisting or failure to satisfy continued listing rules as of September 6, 2024. The company, incorporated in Wyoming, is based in Boca Raton, Florida, and operates in computer programming services.
Why It Matters
This filing indicates potential delisting from a stock exchange, which could significantly impact the liquidity and trading of Vocodia Holdings Corp.'s stock.
Risk Assessment
Risk Level: high — A notice of delisting directly threatens the company's ability to remain publicly traded, posing a significant risk to investors.
Key Numbers
- 001-41963 — Commission File Number (Identifier for SEC filings)
- 86-3519415 — IRS Employer Identification No. (Company tax identification)
Key Players & Entities
- Vocodia Holdings Corp (company) — Registrant
- September 6, 2024 (date) — Date of earliest event reported
- September 10, 2024 (date) — Date of report
- Wyoming (jurisdiction) — State of incorporation
- Boca Raton, Florida (location) — Principal executive offices
FAQ
What specific listing rule or standard has Vocodia Holdings Corp. failed to satisfy?
The filing does not specify the exact rule or standard that Vocodia Holdings Corp. has failed to satisfy, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is September 6, 2024.
In which state was Vocodia Holdings Corp. incorporated?
Vocodia Holdings Corp. was incorporated in Wyoming.
What is the business address of Vocodia Holdings Corp.?
The business address is 6401 Congress Avenue, Suite #160, Boca Raton, Florida 33487.
What is the SIC code for Vocodia Holdings Corp.?
The Standard Industrial Classification (SIC) code for Vocodia Holdings Corp. is 7371, which corresponds to SERVICES-COMPUTER PROGRAMMING SERVICES.
Filing Stats: 790 words · 3 min read · ~3 pages · Grade level 13.1 · Accepted 2024-09-10 16:30:11
Key Financial Figures
- $1.00 — did not maintain a minimum bid price of $1.00 over 30 consecutive business days and (
- $2.5 million — s: (A) stockholders' equity of at least $2.5 million; (B) market value of listed securities
- $35 million — value of listed securities of at least $35 million; or (C) net income from continuing oper
- $500,000 — et income from continuing operations of $500,000 in the most recently completed fiscal y
Filing Documents
- ea0213919-8k_vocodia.htm (8-K) — 29KB
- 0001213900-24-077387.txt ( ) — 247KB
- vhai-20240906.xsd (EX-101.SCH) — 4KB
- vhai-20240906_def.xml (EX-101.DEF) — 26KB
- vhai-20240906_lab.xml (EX-101.LAB) — 36KB
- vhai-20240906_pre.xml (EX-101.PRE) — 25KB
- ea0213919-8k_vocodia_htm.xml (XML) — 6KB
01 Notice of Delisting or Failure to Satisfy a Continued
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously reported on Form 8-K filed with the SEC on June 21, 2024, o n June 14, 2024, Vocodia Holdings Corp. (the "Company") received a letter (the "Letter") from the Listing Qualifications Department of The Cboe BZX Exchange, Inc. ("Cboe") notifying the Company that Cboe had decided to exercise its discretionary authority pursuant to Exchange Rule 14.2 to delist the Company and suspend trading of the Company's Common Stock (VHAI), Series A Warrants (VHAI+A) and Series B Warrants (VHAI+B) on June 24, 2024. The Letter cited that the basis for this decision is that the Company is currently not in compliance with (i) Exchange Rule 14.9(e)(1)(B) because its Common Stock did not maintain a minimum bid price of $1.00 over 30 consecutive business days and (ii) Exchange Rule 14.9(e)(2) because the Company has failed to me at least one of the following requirements: (A) stockholders' equity of at least $2.5 million; (B) market value of listed securities of at least $35 million; or (C) net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the three most recently complete fiscal years. Pursuant to Exchange Rule 14.12(h) the Company appealed the staff's decision, and an appeal hearing was held on August 8, 2024 before a two-member Panel (the "Panel"). On September 6, 2024, the Company received notice that the Panel rejected the Company's appeal and determined to delist the Company's securities. The receipt of the Panel's decision will result in the immediate delisting of the Company's Common Stock and Warrants on the Cboe, under the symbols "VHAI," "VHAI+A," and "VHAI+B", and a Form 25-NSE will be filed with the Commission, which will remove the Company's securities from listing and registration on Cboe. The Company does not intend to appeal the Panel's decision. Therefore, the trading of the Company's Common
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on behalf of the undersigned hereunto duly authorized. VOCODIA HOLDINGS CORP. Date: September 10, 2024 By: /s/ Brian Podolak Brian Podolak Chief Executive Officer 2