secwatch.observer — SEC 8-K summary
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Issuer:     IEH Corp (IEHC)
CIK:        0000050292
Form:       8-K
Filed at:   2021-09-29T23:59:59+00:00
Accession:  0001174947-21-000871
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

IEH Corp common stock to move to OTC Pink No Information tier on Sept 28 due to SEC rule change
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- Effective Sept 28, 2021, broker-dealers cannot provide quotes for IEHC common stock; trades limited to Expert market.
- IEH has been delinquent in SEC filings and unable to provide required information to OTC under Amended Rule 15c2-11.
- CEO says working diligently to become current in filings, anticipating resolution before end of 2021.
- Reaffirms revenue guidance of 5-10% YoY growth for fiscal 2021 over fiscal 2020; $2.1M PPP loan fully forgiven.
- Fiscal 2022 revenues expected lower due to COVID impact on commercial aviation, but recent uptick in air travel noted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/50292/000117494721000871/0001174947-21-000871-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/50292/000117494721000871/form8k-26762_ieh.htm
  HTML page:      https://secwatch.observer/filing/0001174947-21-000871

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