Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
ID Auto, Inc. reported a default on convertible notes of $5,367,500 with Lind Global Fund II LP.
- Instrument
- convertible notes
- Principal
- $5,367,500
- Counterparty
- Lind Global Fund II LP
- Event
- default
Exact text from the filing
Fund II LP (“Lind”) pursuant to which the Company issued and sold, in a private placement, (A) a senior secured convertible promissory note in the aggregate principal amount of $5,367,500 (the “Lind Note”) and (B) 12,837,838 warrants to purchase shares of the Company’s Class A common stock (the “Common Stock”) at an exercise price of $0.50 per share (the “Lind
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Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 0.95
ID Auto, Inc. received a nyse_american noncompliance notice notice regarding late filing (rules 1007).
- Exchange
- nyse american
- Notice
- noncompliance notice
- Deficiency
- late filing
- Rules
- 1007
Exact text from the filing
November 21, 2023, the Company received written notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) indicating that the Company is not in compliance with the NYSE American’s continued listing standards because the Company did not timely file its Quarterly Report on Form 10-Q for the quarter September 30, 2023 (the “Form 10-Q”), which was due on November 20, 2023. In accordance with Section 1007 of the NYSE American Company Guide, the Company will have six months from the date of the Notice (the “Initial Cure Period”), to file the Form 10-Q with the Securities and Exchange Co
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