secwatch.observer — SEC 8-K summary
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Issuer:     RiskOn International, Inc. (—)
CIK:        0001437491
Form:       8-K
Filed at:   2024-02-27T23:59:59+00:00
Accession:  0001214659-24-003595
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RiskOn receives Nasdaq delisting notice; trading suspended Feb 28 pending appeal
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- Nasdaq Staff determined violations of Business Combination Rule and Shareholder Approval Rule related to BNC acquisition and Series D Preferred Stock issuance.
- Common stock (ROI) trading will be suspended at market open on February 28, 2024.
- Company has appealed to a Hearings Panel; hearing is scheduled for February 29, 2024.
- If appeal fails, stock may trade on OTC Pink tier post-suspension.
- Violations stem from Ault Alliance (AAI) gaining control without shareholder approval; Board and management replaced by AAI.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437491/000121465924003595/0001214659-24-003595-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437491/000121465924003595/e2272408k.htm
  HTML page:      https://secwatch.observer/filing/0001214659-24-003595

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