secwatch.observer — SEC 8-K summary
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Issuer:     RiskOn International, Inc. (—)
CIK:        0001437491
Form:       8-K
Filed at:   2023-12-07T23:59:59+00:00
Accession:  0001214659-23-016157
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RiskOn International faces Nasdaq delisting after compliance plan rejection; appeals to stay
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- Stockholders' equity was negative $13.9M as of March 31, 2023, violating Nasdaq's $2.5M minimum equity requirement.
- Nasdaq rejected the compliance plans on Dec 1, 2023, citing lack of a definitive long-term strategy.
- Company will appeal to Nasdaq Hearings Panel by Dec 8, 2023; appeal stays suspension pending decision.
- If appeal fails, common stock (ROI) will be suspended at open on Dec 12, 2023 and delisted.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437491/000121465923016157/0001214659-23-016157-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437491/000121465923016157/r1262308k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-23-016157

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