secwatch.observer — SEC 8-K summary
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Issuer:     NON INVASIVE MONITORING SYSTEMS INC /FL/ (NIMU)
CIK:        0000720762
Form:       8-K
Filed at:   2026-03-12T23:59:59+00:00
Accession:  0001493152-26-009883
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shell company Non-Invasive Monitoring Systems to merge with Gravitics; Gravitics owners get ≥95.5%
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- Merger agreement signed March 6, 2026; Gravitics stockholders to own at least 95.5% of post-merger entity.
- Post-merger company plans $40M underwritten public offering and uplisting to Nasdaq or NYSE.
- Board changed fiscal year end from July 31 to December 31, effective December 31, 2025.
- Company to change name and trading symbol to reflect Gravitics' space-structures business.
- Closing expected by June 30, 2026; conditions include stockholder approval, ~$800K debt conversion, and reverse stock split.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/720762/000149315226009883/0001493152-26-009883-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/720762/000149315226009883/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-009883

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