Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 1.0
RiskOn International, Inc. incurred loan of $125,000 with Randy May at without bearing interest maturing without having any fixed maturity date.
- Instrument
- loan
- Principal
- $125,000
- Counterparty
- Randy May
- Rate
- without bearing interest
- Maturity
- without having any fixed maturity date
- Event
- incurrence
Exact text from the filing
Beginning on December 13, 2022 through December 30, 2022, Ecoark Holdings, Inc. (the “Company”) received advances totaling $125,000 from Randy May, the Company’s Chief Executive Officer and Chairman of the Board of Directors. The advances were made by Mr. May without bearing interest or having any fixed maturity date, but with the understanding that the Company will repay these advances as and when it has sufficient working capital to do so.
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Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 0.9
RiskOn International, Inc. received a nasdaq deficiency notice notice regarding other (rules 5635(d), 5640).
- Exchange
- nasdaq
- Notice
- deficiency notice
- Rules
- 5635(d), 5640
Exact text from the filing
December 27, 2022, the Company received a letter (the “Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company of its noncompliance with shareholder approval requirements set forth in Listing Rule 5635(d), which requires shareholder approval for transactions, other than public offerings, involving the issuance of 20% or more of the pre-transaction shares outstanding at less than the Minimum Price (as defined therein). Additionally, the Letter indicates that the Company has violated Nasdaq’s voting rights rule set forth in Listing Rule 5640. The matters described in the Lette
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