---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-008542"
form_type: "8-K"
ticker: "NASC"
cik: "0001509957"
company_name: "Can B Corp"
filed_at: "2024-03-01T23:59:59+00:00"
generated_at: "2026-06-05T05:28:56.386716+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Court denies Can B Corp. motion to halt Arena's asset sale; auction postponed to March 14

## Summary
- Supreme Court, County of New York denied company's motion for TRO and preliminary injunction to stop Arena's Article 9 sale.
- Arena proceeding with auction of company's hemp division assets; original Feb 29 auction postponed to March 14, 2024.
- Company continuing efforts with Arena to reach a potential settlement of its obligations.
- Court ruling may result in forced sale of assets under UCC Article 9.

## SEC filing metadata
- accession: 0001493152-24-008542
- form_type: 8-K
- ticker: NASC
- cik: 0001509957
- company_name: Can B Corp
- filed_at: 2024-03-01T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1509957/000149315224008542/0001493152-24-008542-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1509957/000149315224008542/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-008542
- JSON: https://secwatch.observer/filing/0001493152-24-008542.json
- Plain text: https://secwatch.observer/filing/0001493152-24-008542.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.