other_material
confidence medium
sentiment neutral
materiality 0.50
Qrons warns of possible OTCQB downgrade if filing deadline missed; provides business update
Qrons Inc.
- Company may transition from OTCQB to OTC Expert market on July 18 if Form 10-Q not filed by July 17, 2025.
- First Person (post-merger) has generated over $13M in cumulative supplement sales since launch.
- Plans to launch Social Code, a non-alcoholic social tonic with crystallized kanna, lion's mane.
- B2B ingredient strategy initiated with first shipment of crystallized lion's mane to a customer.
- Company expects to requalify for OTCQB and concurrently pursue a Reg A capital raise.
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