secwatch.observer — SEC 8-K summary
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Issuer:     RiskOn International, Inc. (—)
CIK:        0001437491
Form:       8-K
Filed at:   2023-07-21T23:59:59+00:00
Accession:  0001214659-23-009894
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BitNile Metaverse receives Nasdaq delisting notice for negative equity of $(13.9)M
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- Stockholders' equity was $(13.9) million as of March 31, 2023, well below Nasdaq's $2.5 million minimum.
- Company has until September 1, 2023 to submit a compliance plan to Nasdaq.
- If plan accepted, Nasdaq may grant until January 14, 2024 to evidence compliance.
- A prior voting rights deficiency from June 21, 2023 also remains uncured.
- Letter has no immediate effect on trading of BNMV common stock on Nasdaq.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437491/000121465923009894/0001214659-23-009894-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437491/000121465923009894/p7202318k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-23-009894

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer