Wilhelmina International Faces Delisting Notice
Ticker: WHLM · Form: 8-K · Filed: Dec 20, 2024 · CIK: 1013706
| Field | Detail |
|---|---|
| Company | Wilhelmina International, Inc. (WHLM) |
| Form Type | 8-K |
| Filed Date | Dec 20, 2024 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-standards, regulatory-filing
TL;DR
Wilhelmina International got a notice about failing to meet listing rules - stock might be in trouble.
AI Summary
Wilhelmina International, Inc. filed an 8-K on December 20, 2024, to report a notice of delisting or failure to satisfy a continued listing rule or standard. The company, formerly known as New Century Equity Holdings Corp, is based in Dallas, Texas.
Why It Matters
This filing indicates potential issues with Wilhelmina International'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 poses a significant risk to the company's stock trading and overall financial health.
Key Players & Entities
- Wilhelmina International, Inc. (company) — Registrant
- New Century Equity Holdings Corp (company) — Former Company Name
- December 20, 2024 (date) — Date of Report
- Dallas, Texas (location) — Business Address
FAQ
What specific listing rule or standard has Wilhelmina International, Inc. failed to satisfy?
The filing does not specify the exact rule or standard that has not been met, only that a notice has been received.
What is the immediate impact of this notice on Wilhelmina International's stock trading?
The filing indicates a potential delisting, which could lead to the stock being moved to over-the-counter markets or delisted entirely, affecting liquidity and accessibility for investors.
When was Wilhelmina International, Inc. incorporated, and in which jurisdiction?
Wilhelmina International, Inc. was incorporated in Delaware.
What were the previous names of Wilhelmina International, Inc.?
The company was formerly known as New Century Equity Holdings Corp, Billing Concepts Corp, and Billing Information Concepts Corp.
What is the business address of Wilhelmina International, Inc.?
The business address is 200 Crescent Court, Suite 1400, Dallas, TX 75201.
Filing Stats: 552 words · 2 min read · ~2 pages · Grade level 12.1 · Accepted 2024-12-20 17:12:38
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value WHLM Nasdaq Capital Market
Filing Documents
- wilhelmina_8k.htm (8-K) — 28KB
- 0001683168-24-008895.txt ( ) — 197KB
- whlm-20241220.xsd (EX-101.SCH) — 3KB
- whlm-20241220_lab.xml (EX-101.LAB) — 33KB
- whlm-20241220_pre.xml (EX-101.PRE) — 22KB
- wilhelmina_8k_htm.xml (XML) — 4KB
01
Item 3.01 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. The Board of Directors of Wilhelmina International, Inc. determined on December 20, 2024 to take action to cause the listing of the shares of the Company's common stock with the Nasdaq Capital Market to terminate. The Company has filed will have on file a Form 25, Notification of Removal of Listing and/or Registration Under Section 12(b) of the Exchange Act, relating to the delisting and deregistration on December 20, 2024, with the delisting of the shares of Common Stock taking effect no earlier than ten days thereafter. As a result, Wilhelmina International expects that the last trading day on Nasdaq will be on or about Tuesday, December 31, 2024. Following the delisting, any trading in Wilhelmina's Common Stock would occur only in privately negotiated sales and potentially on an over-the- counter market if a broker makes a market in the shares. There is no guarantee, however, that a broker will make such a market or that trading of the shares of Wilhelmina Common Stock will continue on an over-the-counter market or otherwise. 2
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 thereunto duly authorized. Dated: December 20, 2024 WILHELMINA INTERNATIONAL, INC. By: /s/ Mark E. Schwarz Name: Mark E. Schwarz Title: Chief Executive Officer 3