secwatch.observer — SEC 8-K summary
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Issuer:     RiskOn International, Inc. (—)
CIK:        0001437491
Form:       8-K
Filed at:   2024-01-12T23:59:59+00:00
Accession:  0001214659-24-000716
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RiskOn receives Nasdaq third Voting Rights violation notice; delisting risk increased
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- Received Nasdaq Staff letter on Jan 9, 2024, citing third violation of Listing Rule 5640.
- Violation relates to issuance of 603.44 Series D Preferred Shares convertible at $0.51 to Ault Alliance.
- Third incidence of Voting Rights Rule breach; panel hearing on appeal set for Feb 29, 2024.
- Staff says this serves as an additional basis for delisting the company's common stock.
- No immediate impact on listing; trading continues on Nasdaq Capital Market pending appeal.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437491/000121465924000716/0001214659-24-000716-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437491/000121465924000716/o11124108k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-24-000716

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