−Removed: In addition to the information set forth below
−Removed: and other information set forth elsewhere in this Report, you should carefully consider the factors discussed in Part I, Item 1A “Risk
−Removed: Factors” of the Company’s Annual Report on Form 10-K for the year ended September 30, 2023.
−Removed: Such factors, if they were
−Removed: to occur, could cause our actual results to differ materially from those expressed in our forward-looking statements in this Report, and
−Removed: materially adversely affect our financial condition or future results.
−Removed: Although we are not aware of any other factors that we currently
−Removed: anticipate will cause our forward-looking statements to differ materially from our future actual results, or materially affect the Company’s
−Removed: financial condition or future results, additional risks and uncertainties not currently known to us or that we currently deem to be immaterial
−Removed: might materially adversely affect our actual business, financial condition and/or operating results.
−Removed: Risk Related to our Common Stock
−Removed: Nasdaq may delist our common stock from
−Removed: its exchange which could limit your ability to make transactions in our securities and subject us to additional trading restrictions.
−Removed: On July 11, 2024, we received a letter (the “Notice”)
−Removed: from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying us that
−Removed: because the closing bid price of our common stock was below $1.00 per share for the prior 30 consecutive business days, we are not in
−Removed: compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Marketplace
−Removed: Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).
−Removed: In accordance with Nasdaq Marketplace Rule 5810(c)(3)(A),
−Removed: we have a period of 180 calendar days from July 11, 2024, or until January 7, 2025, to regain compliance with the Minimum Bid Price Requirement.
−Removed: If at any time before January 7, 2025, the closing bid price of our common stock closes at or above $1.00 per share for a minimum of 10
−Removed: consecutive business days (which number days may be extended by Nasdaq), Nasdaq will provide written notification that we have achieved
−Removed: compliance with the Minimum Bid Price Requirement, and the matter would be resolved.
−Removed: The Notice also disclosed that in the event we
−Removed: do not regain compliance with the Rule by January 7, 2025, we may be eligible for additional time.
−Removed: To qualify for additional time, we
−Removed: would be required to meet the applicable market value of publicly held shares requirement for continued listing and all other applicable
−Removed: standards for initial listing on The Nasdaq Capital Market, with the exception of the bid price requirement, and would need to provide
−Removed: written notice of its intention to cure the deficiency during the second compliance period.
−Removed: If we meet these requirements, Nasdaq will
−Removed: inform us that it has been granted an additional 180 calendar days.
−Removed: However, if it appears to the Staff that we will not be able to cure
−Removed: the deficiency, or if we are otherwise not eligible, Nasdaq will provide notice that our securities will be subject to delisting.
−Removed: We intend to continue actively monitor the closing
−Removed: bid price for our common stock between now and January 7, 2025, and will consider available options to resolve the deficiency and regain
−Removed: compliance with the Minimum Bid Price Requirement.
−Removed: If we do not regain compliance within the allotted compliance period, including any
−Removed: extensions that may be granted by Nasdaq, Nasdaq will provide notice that our common stock will be subject to delisting.
−Removed: We would then
−Removed: be entitled to appeal that determination to a Nasdaq hearings panel.
−Removed: There can be no assurance that we will regain compliance with the
−Removed: Minimum Bid Price Requirement during the 180-day compliance period, secure a second period of 180 calendar days to regain compliance,
−Removed: or maintain compliance with the other Nasdaq listing requirements.
−Removed: If our common stock is delisted from Nasdaq, our
−Removed: ability to raise capital through public offerings of our securities and to finance our operations could be adversely affected.
−Removed: believe that delisting would likely result in decreased liquidity and/or increased volatility in our common stock and could harm our business
−Removed: and future prospects.
−Removed: In addition, we believe that, if our common stock is delisted, our stockholders would likely find it more difficult
−Removed: to obtain accurate quotations as to the price of the common stock and it may be more difficult for stockholders to buy or sell our common
−Removed: stock at competitive market prices, or at all.
−Removed: NeuroOne Medical Technologies Corporation
+Added: In addition to the other information set forth
+Added: elsewhere in this Report, you should carefully consider the factors discussed in Part I, Item 1A “Risk Factors” of the Company’s
+Added: Annual Report on Form 10-K for the year ended September 30, 2024.
+Added: Such factors, if they were to occur, could cause our actual results
+Added: to differ materially from those expressed in our forward-looking statements in this Report, and materially adversely affect our financial
+Added: condition or future results.
+Added: Although we are not aware of any other factors that we currently anticipate will cause our forward-looking
+Added: statements to differ materially from our future actual results, or materially affect the Company’s financial condition or future
+Added: results, additional risks and uncertainties not currently known to us or that we currently deem to be immaterial might materially adversely
+Added: affect our actual business, financial condition and/or operating results.
Unregistered Sales of Equity Securities
3 unchanged sentences
Not applicable to our Company.
+Added: NeuroOne Medical Technologies Corporation
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.