secwatch.observer — SEC 8-K summary
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Issuer:     Orgenesis Inc. (—)
CIK:        0001460602
Form:       8-K
Filed at:   2024-11-01T23:59:59+00:00
Accession:  0001493152-24-043318
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orgenesis receives Nasdaq delisting notice, stock moves to OTCQX; board appoints three new directors
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- Nasdaq notified Orgenesis on Oct 17, 2024, of plan to file Form 25 to delist common stock; delisting effective 10 days after filing.
- Common stock began trading on OTCQX on Oct 21, 2024; deregistration under Section 12(b) to follow 90 days after Form 25.
- Board elected Adam Pelavin, Jagannathan Bhalaji, and Santhosh Nagaraj as directors on Oct 28; board size increased from 4 to 7.
- New directors to receive stock options for 625 shares (vesting over 3 years), $30k annual cash retainer, and annual option for 125 shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1460602/000149315224043318/0001493152-24-043318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1460602/000149315224043318/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-043318

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