Highest-materiality recent filing
Sold $809,705.75 convertible note to Defender Opportunity LLC; proceeds repaid $720k principal + $89,705.75 interest on notes held by insiders Dr. Hsiao and Dr. Frost.
NIMS borrows $300K from related parties at 11% due June 30, 2026
$200K promissory note issued to Frost Gamma Investments Trust, controlled by director Dr. Phillip Frost.
Shell company Non-Invasive Monitoring Systems to merge with Gravitics; Gravitics owners get ≥95.5%
Merger agreement signed March 6, 2026; Gravitics stockholders to own at least 95.5% of post-merger entity.
NIMS extends $620K in related-party notes to June 30, 2026; issues new $100K note at 11%
Extended maturity on nine promissory notes with Frost Gamma Investments Trust and Dr. Jane Hsiao from Dec 31, 2025 to June 30, 2026.
Director Subbarao Uppaluri resigns; Adam Logal appointed to board
Subbarao Uppaluri resigned from board and audit committee effective Aug 28, 2025; no disagreement.
NIMS enters $25K promissory note with Frost Gamma Investments Trust at 11% interest
Principal $25,000, interest 11% per annum, due December 31, 2025.
NIMS extends maturity on $595K in related-party notes from July 31 to Dec 31, 2025
Extended maturities on eight promissory notes with Frost Gamma Investments Trust (controlled by Dr. Phillip Frost) and Dr. Jane Hsiao.
Issued $40,000 promissory note to Frost Gamma Investments Trust, a related party controlled by Dr. Phillip Frost (10%+ owner).
NIMS issues $25K promissory note to Frost Gamma at 11% due July 2025
Principal amount of $25,000 borrowed from Frost Gamma Investments Trust, a related party controlled by Dr. Phillip Frost.
Non-Invasive Monitoring Systems dismisses auditor EisnerAmper, appoints Weinberg & Company
Board dismissed EisnerAmper and engaged Weinberg & Company as new independent auditor on Nov 27, 2023.
New $200,000 promissory note issued to Frost Gamma Investments Trust (Dr. Phillip Frost) at 11% interest, due July 31, 2025.
Director Jerry Jacobs resigns; Phillip Frost and CFO James Martin appointed to board
Jerry Jacobs resigned from Board and Audit Committee effective May 31, 2023; no disagreement with company.
Director Steven Rubin resigns; Jerry Jacobs appointed to board and audit committee
Steven D. Rubin resigned as director effective March 13, 2023, citing no disagreement with the company.
NIMS borrows $150K from related parties via two 11% promissory notes due Oct 2023
NIMS executed two $75,000 promissory notes with Frost Gamma Investments Trust (Dr. Phillip Frost) and Chairman/Interim CEO Jane Hsiao.
On June 1, 2023, the Company’s Board appointed Dr. Phillip Frost and James Martin, the Company’s Chief Financial Officer, as directors
On May 31, 2023, Jerry Jacobs notified the Board of Directors (the “Board”) of Non-Invasive Monitoring Systems, Inc. (the “Company”) of his resignation as a member of the Board and Audit Committee, effective immediately.
On June 1, 2023, the Company’s Board appointed Dr. Phillip Frost and James Martin, the Company’s Chief Financial Officer, as directors
Effective March 13, 2023, the Registrant appointed Jerry Jacobs as a member of the Board of Directors and the Audit Committee.
On March 13, 2023, Steven D. Rubin notified the Registrant of his intention to resign as a director of Non-Invasive Monitoring Systems, Inc. effective immediately.
Max materiality 0.85 · Median 0.50 · Most common event debt