---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-041262"
form_type: "8-K"
ticker: "NMGX"
cik: "0000891417"
company_name: "Nano Magic Inc."
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T14:14:26.993252+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# SEC grants Nano Magic's petition to retroactively vacate 2020 trading suspension

## Summary
- SEC vacated the 10-day trading suspension issued April 30, 2020, nunc pro tunc to that date.
- Company and CEO Tom Berman tout vindication after over four-year legal battle; stock had effectively not traded for nearly four years.
- Decision described as unprecedented: first time SEC retroactively set aside a trading suspension.
- Litigation led by Jacob Frenkel of Dickinson Wright; company can now focus on nanotechnology product development.

## SEC filing metadata
- accession: 0001493152-24-041262
- form_type: 8-K
- ticker: NMGX
- cik: 0000891417
- company_name: Nano Magic Inc.
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/891417/000149315224041262/0001493152-24-041262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/891417/000149315224041262/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-041262
- JSON: https://secwatch.observer/filing/0001493152-24-041262.json
- Plain text: https://secwatch.observer/filing/0001493152-24-041262.txt

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