{"filings":[{"id":151667,"accession_number":"0001731122-25-000887","cik":1190370,"company_name":"INNOVATIVE DESIGNS INC","ticker":"IVDN","form_type":"8-K","filed_at":"2025-06-20T23:59:59+00:00","items":["4.01"],"status":"ready","headline":"Auditor change: dismissed Elkana Amitai CPA due to filing delays, hired Asesoria Global","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board dismissed Elkana Amitai CPA on Dec 13, 2024 due to inability to timely file SEC reports.","Board appointed Asesoria Global, S.A. (Guatemala City) as new auditor on Dec 14, 2024.","Filing made on June 19, 2025, over six months after the change; no reportable events since."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11294071.657292431,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":170516,"accession_number":"0001731122-25-000102","cik":1190370,"company_name":"INNOVATIVE DESIGNS INC","ticker":"IVDN","form_type":"8-K","filed_at":"2025-01-22T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Innovative Designs appoints Joseph Riccelli Jr. as CEO, John Spagnolo as director, Donald Garlotta as secretary","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Joseph Riccelli Jr. elected to Board and as permanent CEO effective January 10, 2025.","John Spagnolo elected to the Board of Directors on January 10, 2025.","Donald Garlotta appointed Secretary of the Board effective January 10, 2025.","All appointments were unanimously approved at a special Board meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":11294071.657292431,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":187511,"accession_number":"0001731122-24-002059","cik":1190370,"company_name":"INNOVATIVE DESIGNS INC","ticker":"IVDN","form_type":"8-K","filed_at":"2024-12-30T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Robert Adams resigns from Innovative Designs board over disagreements","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Robert Adams resigned from the Board of Directors on December 16, 2024, effective immediately.","Reason given: personal disagreements with other Board members regarding the direction of the Company.","Mr. Adams has no material interest in any transaction reportable under Item 404(a)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11294071.657292431,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":187510,"accession_number":"0001731122-24-001680","cik":1190370,"company_name":"INNOVATIVE DESIGNS INC","ticker":"IVDN","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Director Dean Kolocouris resigns from Innovative Designs board effective immediately","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Resignation effective October 3, 2024, for health and family reasons.","Mr. Kolocouris had no material interest in any transaction requiring disclosure under Item 404(a).","No replacement or interim director named at this time."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":11294071.657292431,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":187509,"accession_number":"0001731122-24-001570","cik":1190370,"company_name":"INNOVATIVE DESIGNS INC","ticker":"IVDN","form_type":"8-K","filed_at":"2024-10-09T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Innovative Designs voided prior board meeting; CEO/CFO Riccelli Sr. resigns, son appointed interim","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["On Oct 3, 2024, Board voided Sep 26 meeting actions due to improper notice, invalidating prior 8-K filed Sep 27.","Joseph Riccelli, Sr. resigned as CEO, CFO, Principal Accounting Officer; remains Chairman.","Joseph A. Riccelli (son) appointed interim CEO, CFO, Principal Accounting Officer; previously VP Operations for 15 years.","Compensation: $2,000/week plus warrant for 100,000 shares at $0.12/share for 3 years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":11294071.657292431,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":204004,"accession_number":"0001731122-24-001507","cik":1190370,"company_name":"INNOVATIVE DESIGNS INC","ticker":"IVDN","form_type":"8-K","filed_at":"2024-09-27T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Innovative Designs terminates CEO Joseph Riccelli; appoints John Thomas as part-time CEO/CFO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Joseph Riccelli terminated as CEO and CFO effective September 26, 2024.","John L. Thomas appointed CEO, CFO and corporate counsel; six-month part-time role at $2,000/week.","Thomas receives warrant for 100,000 shares at $0.12, three-year term with cashless exercise.","Robert K. Adams appointed Chairman of the Board."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11294071.657292431,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220690,"accession_number":"0001731122-24-000989","cik":1190370,"company_name":"INNOVATIVE DESIGNS INC","ticker":"IVDN","form_type":"8-K","filed_at":"2024-06-20T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Innovative Designs appoints Elkana Amitai as independent auditor for FY 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO appointed Elkana Amitai CPA as new independent accountant to audit FY ending Oct 31, 2024.","Appointment effective June 19, 2024; no prior consultation on accounting principles or audit opinion.","No disagreements or reportable events occurred with the predecessor auditor.","Registrant did not consult EA on any matters subject to disagreement rules under Item 304."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":11294071.657292431,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":220689,"accession_number":"0001731122-24-000921","cik":1190370,"company_name":"INNOVATIVE DESIGNS INC","ticker":"IVDN","form_type":"8-K","filed_at":"2024-06-06T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Innovative Designs dismisses auditor RW Group; CEO acted without board approval","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Joseph Riccelli dismissed RW Group as independent auditor on June 3, 2024; board did not recommend or approve.","RW Group's FY 2022 and 2023 audit reports included a going-concern explanatory paragraph but no adverse opinion.","No disagreements or reportable events occurred during FY 2022, 2023, or through January 31, 2024.","RW Group provided a letter agreeing with the 8-K statements, filed as Exhibit 16.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":11294071.657292431,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":331771,"accession_number":"0001731122-22-002060","cik":1190370,"company_name":"INNOVATIVE DESIGNS INC","ticker":"IVDN","form_type":"8-K","filed_at":"2022-11-28T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Innovative Designs reappoints RW Group as auditor after Isdaner demerger","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board terminated Isdaner and reappointed RW Group as auditor on Nov 28, 2022, for FY ending Oct 31, 2022.","Isdaner never issued an audit report; engagement began March 2022 after RW Group transitioned into Isdaner.","Change stems from RW Group demerger from Isdaner; no disagreements reported."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":11294071.657292431,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":385631,"accession_number":"0001731122-22-000353","cik":1190370,"company_name":"INNOVATIVE DESIGNS INC","ticker":"IVDN","form_type":"8-K","filed_at":"2022-03-03T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Innovative Designs replaces auditor; prior report included going concern emphasis","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["RW Group resigned effective Feb 28, 2022 as its practice transitions into Isdaner & Company.","Board approved engagement of Isdaner on March 2, 2022 to audit FY ending Oct 31, 2022.","RW Group's audit report for FY 2021 included an explanatory paragraph on the company's ability to continue as a going concern.","No disagreements or reportable events occurred between Registrant and RW Group during the period."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":11294071.657292431,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":422484,"accession_number":"0001731122-21-001361","cik":1190370,"company_name":"INNOVATIVE DESIGNS INC","ticker":"IVDN","form_type":"8-K","filed_at":"2021-08-16T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Innovative Designs dismisses Boyle CPA, appoints RW Group as new auditor","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Dismissed Boyle CPA on Aug 11, 2021; board unanimously approved RW Group as successor effective same day.","No disagreements or reportable events with Boyle during fiscal 2019, 2020, or interim period through Aug 11, 2021.","Boyle's audit reports contained an explanatory paragraph about the company's ability to continue as a going concern.","RW Group will audit financial statements for fiscal year ending Oct 31, 2021; no prior consultations with RW Group.","Boyle furnished a letter to the SEC agreeing with the statements in this 8-K, filed as Exhibit 16.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":11294071.657292431,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":422483,"accession_number":"0001731122-21-001221","cik":1190370,"company_name":"INNOVATIVE DESIGNS INC","ticker":"IVDN","form_type":"8-K","filed_at":"2021-07-23T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Innovative Designs wins FTC appeal; Third Circuit affirms ruling in favor of company","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["U.S. Court of Appeals for the Third Circuit affirmed district court ruling for Innovative Designs.","FTC complaint from Nov 2016 alleged unsubstantiated R-value and energy efficiency claims for INSULTIX House Wrap.","Court held: 'FTC failed to prove IDI’s claims were false or unsubstantiated.' Case No. 20-3379.","Ruling eliminates risk of adverse FTC action and validates product substantiation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":11294071.657292431,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}