Announcement • Aug 06
RiskOn International, Inc. Files Form 15 RiskOn International, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Common Stock was $0.001 per share. Announcement • Jul 02
RiskOn International, Inc. announced delayed annual 10-K filing On 07/01/2024, RiskOn International, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Jun 01
Nasdaq Stock Market LLC Plans to File a Form 25 with the Securities and Exchange Commission to Effect the Formal Delisting of the Common Stock of RiskOn International As previously disclosed in the Current Report on Form 8-K filed by RiskOn International, Inc. (the ‘Company’) with the Securities and Exchange Commission (the ‘SEC’) on April 17, 2024, the Company received a written notice from the Nasdaq Hearings Panel (the ‘Panel’) that the Panel had determined to delist the Company’s common stock (‘Common Stock’) from The Nasdaq Capital Market for violating Nasdaq Listing Rules. On May 28, 2024, the Company was notified by the Nasdaq Stock Market LLC (‘Nasdaq’) that Nasdaq plans to file a Form 25 with the SEC to effect the formal delisting of the Common Stock from Nasdaq and will issue a press release to that effect. The delisting of the Common Stock will become effective ten days after the Form 25 is filed with the SEC. The filing of the Form 25 by Nasdaq formally completes the Common Stock delisting process. Trading of the Common Stock is expected to continue on the OTC market under the symbol ‘ROII’. Announcement • Mar 29
RiskOn International Provides Non-Compliance Update On March 22, 2024, RiskOn International, Inc., a Nevada corporation (the Company") received a letter (the Letter") from the Listing Qualifications staff (the Staff") of the Nasdaq Stock Market LLC (Nasdaq") notifying the Company that the Staff has determined the Company's securities had a closing bid price of $0.10 or less for at least ten consecutive trading days. Accordingly, the Company is subject to the provisions contemplated under Nasdaq Listing Rule 5810(c)(3)(A)(iii). As previously disclosed, the Company has appealed a prior determination of the Staff to delist the Company's common stock to a Hearings Panel (the Panel"). The Panel heard the Company's appeal on February 29, 2024, but no decision has been made by the Panel to date. According to the Letter, this matter serves as an additional basis for delisting the Company's common stock from the Nasdaq. As such, the Panel will consider this matter in connection with the Company's appeal. The Company has already provided the Panel with its response to the Letter. Previously, on November 22, 2023, the Company received a deficiency letter from the Staff of Nasdaq indicating that the Company's common stock is subject to potential delisting from the Nasdaq because, for a period of 30 consecutive business days, the bid price of the Company's common stock had closed below the required minimum of $1.00 per share under Nasdaq Listing Rule 5550(a)(2) (the Minimum Bid Price Rule"). The Company was provided a 180-calendar day grace period, or until April 30, 2024, to regain compliance with the Minimum Bid Price Rule. Announcement • Mar 05
RiskOn International, Inc., Annual General Meeting, Mar 29, 2024 RiskOn International, Inc., Annual General Meeting, Mar 29, 2024, at 12:00 US Eastern Standard Time. Agenda: To elect the six director nominees named in the Proxy Statement to hold office until the next annual meeting of shareholders the "Director Proposal"; to ratify the appointment of RBSM LLP, as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2024 the "Auditor Proposal"; to approve, on a non-binding advisory basis, the compensation of our named executive officers ; to approve the adjournment of the Meeting to a later date or time, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Meeting, there are not sufficient votes to approve any of the other proposals before the Meeting; and to consider other matters if any. Announcement • Mar 01
RiskOn International, Inc.(OTCPK:ROII) dropped from S&P TMI Index RiskOn International, Inc.(OTCPK:ROII) dropped from S&P TMI Index Announcement • Feb 22
RiskOn International, Inc. announced that it has received funding On February 21, 2024, RiskOn International, Inc. closed the transaction. The company announced that it has issued certain senior secured convertible notes and warrants to purchase shares of the Company’s common stock, par value $0.001 per share. Announcement • Feb 15
RiskOn International, Inc. announced delayed 10-Q filing On 02/14/2024, RiskOn International, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Jan 27
RiskOn International Receives Non-Compliance Notice from Nasdaq On January 23, 2024, RiskOn International, Inc. (the ‘Company’) received a written notice (the ‘Notice’) from The Nasdaq Stock Market LLC (‘Nasdaq’), indicating that, as a result of Milton C. Ault, III’s appointment to the board of directors of the Company (the ‘Board’) effective January 4, 2024, the Company currently has six (6) directors, with only three (3) of which qualify as independent directors. As such, the Company no longer complies with Nasdaq’s independent director requirement as set forth in Listing Rule 5605, which requires, among other things, a listed company to have at least a majority of its Board members qualify as independent directors. Pursuant to Nasdaq Listing Rule 5605(b)(1)(A), the Company is entitled to a ‘cure period’ until the earlier of the Company’s next annual shareholders’ meeting or January 6, 2025, or if the next annual shareholders’ meeting is held before July 2, 2024, then the Company must evidence compliance no later than July 2, 2024. The Company intends to appoint one or more independent directors to the Board prior to the end of the cure period. The Notice has no immediate effect on the listing or trading of the Company’s common stock on The Nasdaq Capital Market. Announcement • Jan 13
RiskOn International Receives Non-Compliance Notice From Nasdaq On January 9, 2024, RiskOn International, Inc. (the “Company”) received a letter (the “Letter”) from the Listing Qualifications staff (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Staff has determined that the Company has violated Nasdaq’s voting rights rule set in Listing Rule 5640 (the “Voting Rights Rule”). The alleged violation of the Voting Rights Rule relates to the issuance of 603.44 shares of newly designated Series D Convertible Preferred Stock of the Company (the “Preferred Stock”) in exchange for the cancellation of $15,085,930.69 of cash advances made by Ault Alliance, Inc. (“AAI”) to the Company between January 1 and November 9, 2023, pursuant to the Securities Purchase Agreement (the “Agreement”) by and between the Company and AAI, which was previously disclosed on a Current Report on Form 8-K filed by the Company on November 15, 2023. The terms of the Preferred Stock are as set in the Certificates of Designations of the Rights, Preferences and Limitations of the Series D Convertible Preferred Stock (the “Certificate ”). Each share of Preferred Stock has a stated value of $25,000 per share (the “Stated Value ”). Pursuant to the Certificate, each share of Preferred Stock is convertible into a number of shares of the Company’s common stock (the “Common Stock ”) determined by dividing the Stated Value by $0.51 (the “Conversion Price ”). The Conversion Price, which represented a premium to the closing price of the Common Stock on the date of execution of the Agreement, is also subject to adjustment in the event of an issuance of Common Stock at a price per share lower than the Conversion Price then in effect. Each share of Preferred Stock is entitled to vote, on an as-converted basis, with the Common Stock at a rate of 0.9 votes per share of Common Stock into which the Preferred Stock is convertible. According to the Letter, Nasdaq determined that because the Preferred Stock could convert into a discount to the price of the Common Stock on the date of execution of the Agreement, and because the Preferred Stock votes on an as-converted basis, the Preferred Stock violates the Voting Rights Rule. The Company notes that the violation is based on a hypothetical situation in the future, in which the anti-dilution protection triggers a ratchet down of the Conversion Price below the minimum price per share of the Company’s common stock at the time of the issuance of the Preferred Stock. Under the Voting Rights Rule, a company cannot create a new class of security that votes at a higher rate than an existing class of securities or take any other action that has the effect of restricting or reducing the voting rights of an existing class of securities. As such, according to the Letter, the issuance of the Preferred Stock violated the Voting Rights Rule because the holders of the Preferred Stock are entitled to vote on an as-converted basis, thus could have greater voting rights than holders of common stock. As previously disclosed, the Company has appealed a prior determination of the Staff to delist the Company’s Common Stock to a Hearings Panel (the “Panel”). The Panel will hear the Company’s appeal on February 29, 2024. According to the Letter, this matter serves as an additional basis for delisting the Company’s Common Stock from the Nasdaq. Further, according to the Letter, because this is the Company’s third incidence of violating the Voting Rights Rule, this demonstrates a pattern of disregard for the Nasdaq listing rules and serves as an additional basis for delisting the Company’s Common Stock from the Nasdaq. As such, the Panel will consider these matters in connection with the Company’s appeal. The Letter has no immediate impact on the listing of the Company’s Common Stock, which will continue to be listed and traded on The Nasdaq Capital Market, subject to the Company’s compliance with the Letter and other continued listing requirements of The Nasdaq Capital Market. Announcement • Jan 05
RiskOn International, Inc. Appoints Milton C. Ault, III to Its Board of Directors Effective January 4, 2024, RiskOn International, Inc. appointed Milton C. Ault, III to its board of directors (the “Board”). Mr. Ault, 54, currently holds the position of Executive Chairman at Ault Alliance, Inc. and Chairman of the Board at Ault Disruptive Technologies Corporation, a Special Purpose Acquisition Company listed on NYSE. Since January 2011, Mr. Ault has been the Vice President of Business Development at MCKEA Holdings, LLC. He has also been the Chairman of Avalanche International Corp., a publicly traded Nevada company categorized as a "voluntary filer" since September 2014. Since December 2015, Mr. Ault has held the positions of Chairman and Chief Executive Officer at Ault & Company, Inc. On February 25, 2016, Mr. Ault founded Alzamend Neuro, Inc. He served as its Chairman until its initial public offering, at which point he transitioned to the role of Chairman Emeritus and consultant. In April 2023, Mr. Ault was appointed as the Executive Chairman of the board of directors of the Singing Machine Company, Inc. Throughout his career, Mr. Ault has provided consulting services to both publicly traded and privately held companies, offering them the benefit of his diverse expertise, spanning from development stage to well-established businesses. With over twenty-seven years of experience, he is a seasoned business professional and entrepreneur with a track record of identifying value in various financial markets, including equities, fixed income, commodities, and real estate. Announcement • Nov 15
RiskOn International, Inc. announced delayed 10-Q filing On 11/14/2023, RiskOn International, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Nov 04
RiskOn International Receives a Notice in the Form of a Letter from the Listing Qualifications Staff of the Nasdaq On November 2, 2023, RiskOn International, Inc. received a notice in the form of a letter from the Listing Qualifications Staff of the Nasdaq stating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) because the bid price for the Company’s common stock had closed below $1.00 per share for the previous 31 consecutive business days. In accordance with Nasdaq listing rule 5810(c)(3)(A), the Company has 180 calendar days, or until April 30, 2024, to regain compliance. The Deficiency Letter states that to regain compliance, the bid price for the Company’s common stock must close at $1.00 per share or more (the “Minimum Bid Price”) for a minimum of 10 consecutive business days during the compliance period ending April 30, 2024. In the event that the Company does not regain compliance within this 180-day period, the Company may be eligible to seek an additional compliance period of 180 calendar days if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the Minimum Bid Price, and provides written notice to Nasdaq of its intent to cure the deficiency during this second compliance period, by effecting a reverse stock split, if necessary. However, if it appears to the Nasdaq Staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice to the Company that its common stock will be subject to delisting. At that time, the Company may appeal any such delisting determination to a Nasdaq hearings panel. The Deficiency Letter has no immediate effect on the listing of the Company’s common stock, and the Company’s common stock continues to trade on the Nasdaq Capital Market under the symbol “ROI.” The Company intends to actively monitor the closing bid price for the Company’s common stock between now and April 30, 2024 and may, if appropriate, evaluate available options to resolve the deficiency and regain compliance with the Minimum Bid Price requirement. While the Company is exercising diligent efforts to maintain the listing of its common stock on Nasdaq, there can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price or maintain compliance with the other Nasdaq listing standards. Announcement • Nov 02
BitNile Metaverse, Inc.(OTCPK:ROI) dropped from NASDAQ Composite Index BitNile Metaverse, Inc. has been dropped from NASDAQ Composite Index. Announcement • Oct 18
BitNile Metaverse Regains Compliance with the Nasdaq Voting Rights Rule BitNile Metaverse, Inc. announced that it has regained compliance with the Nasdaq Voting Rights Rule. On June 21, 2023, the Nasdaq Stock Market (‘Nasdaq’) notified the Company that the issuance of the Series B and Series C Preferred Stock violated Nasdaq’s voting rights rule under listing Rule 5640 (the ‘Voting Rights Rule’). On September 28, 2023, the Company amended the Certificates of Designation for both the Series B and Series C Preferred Stock to remove all voting rights from these series. As a result, the Company has regained compliance with the Voting Rights Rule. ‘We are pleased to regain compliance with Nasdaq’s Voting Rights Rule and look forward to a continued healthy relationship with the exchange. The Company regaining compliance will allow us to focus on our continued mission of bringing new and interesting experiences to our growing Metaverse platform, BitNile.com, Inc.,’ stated Milton ‘Todd’ Ault, III, Executive Chairman of BitNile.com, Inc. (‘BNC’), the Company’s principal subsidiary. Announcement • Oct 14
BitNile Metaverse, Inc. Announces Board Changes Effective October 13, 2023, BitNile Metaverse, Inc. appointed Robert O. Smith to its board of directors (the “Board”). Mr. Smith will serve as lead independent director and Chairman of the Audit Committee of the Company. The Board has also determined that Mr. Smith qualifies as an “audit committee financial expert” within the meaning of the regulations of the Securities and Exchange Commission. Mr. Smith, 78, is currently a C-level executive consultant working with Bay Area high-tech firms on various strategic initiatives in all aspects of their business. Mr. Smith currently serves on the board of directors of Ault Alliance, Inc., a NYSE American listed diversified holding company (“AAI”), Ault Disruptive Technologies Corporation, a NYSE American listed special purpose acquisition company, and Giga-tronics Incorporated, an OTCQB listed company that provides purpose-built electronic technology solutions for defense and other mission critical applications. From 2004 to 2007, he served on the board of directors of Castelle Corporation. From 1990 to 2002, he was AAI’s President, Chief Executive Officer and Chairman of its Board of Directors. From 1980 to 1990, he held several management positions with Computer Products, Inc., the most recent being President of their Compower/Boschert Division. From 1970 to 1980, he held managerial accounting positions with Ametek/Lamb Electric and with the JM Smucker Company. Mr. Smith received his BBA degree in Accounting from Ohio University. Announcement • Sep 21
BitNile Metaverse, Inc. Announces Resignation of Steve Nelson as Director, Effective September 30, 2023 On September 15, 2023, Steve Nelson notified BitNile Metaverse, Inc. (the “Company”), of his decision to resign as a director of the Company, effective September 30, 2023, for personal reasons. Mr. Nelson’s resignation was not the result of any disagreement with the Company, or its management on any matter relating to the Company's operations, policies or practices. The Company thanks Mr. Nelson for his contributions. Announcement • Aug 17
BitNile Metaverse, Inc. announced delayed 10-Q filing On 08/15/2023, BitNile Metaverse, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Jul 24
BitNile Metaverse Receives Notice from Nasdaq Regarding Non-Compliance with the Minimum Stockholders’ Equity Requirement On July 18, 2023, BitNile Metaverse, Inc. received a letter (the ‘Letter’) from the Listing Qualifications staff (the ‘Staff’) of the Nasdaq Stock Market LLC (‘Nasdaq’) indicating that the Company’s stockholders’ equity as reported in its Annual Report on Form 10-K for the fiscal year ended March 31, 2023 (the ‘Form 10-K’), did not satisfy the continued listing requirement under Nasdaq Listing Rule 5550(b)(1) for the Nasdaq Capital Market, which requires that a listed company’s stockholders’ equity be at least $2.5 million. As reported on its Form 10-K, the Company’s stockholders’ equity as of March 31, 2023 was approximately $(13.9) million. According to the Letter, the Company has 45 calendar days from the date of the Letter, or until September 1, 2023, to submit a plan to regain compliance with Nasdaq Listing Rule 5550(b)(1). If the Company’s compliance plan is accepted by Nasdaq, then Nasdaq may, in its discretion, grant the Company up to 180 calendar days from the date of the Letter, or until January 14, 2024, to evidence compliance. If Nasdaq does not accept the Company’s plan, then Nasdaq may issue a staff delisting determination letter whereby the Company’s common stock will be subject to delisting. The Company would have the opportunity to appeal that decision to a Nasdaq hearings panel. The Company is currently evaluating various alternative courses of action, including submitting to Nasdaq a plan to regain compliance with the Nasdaq Capital Market listing requirements before September 1, 2023. However, there can be no assurance that the Company will be able to satisfy the Nasdaq Capital Market’s continued listing requirements, regain compliance with the minimum stockholders’ equity requirement or the Voting Rights Deficiency, or maintain compliance with the other listing requirements. The Letter has no immediate effect on the listing or trading of the Company’s common stock on the Nasdaq Capital Market which currently trades under the symbol ‘BNMV’, subject to the Company’s compliance with the Letter and other continued listing requirements of the Nasdaq Capital Market. The Letter is in addition to the previous notice of deficiency that the Company received from the Staff of Nasdaq on June 21, 2023 notifying the Company that the Staff has determined that the Company has violated Nasdaq’s voting rights rule set in Listing Rule 5640 relating to shares of preferred stock, that, pursuant to the certificates of designation but subject to Nasdaq rules, would be convertible into shares of the Company’s common stock and could vote on an as-converted basis, which were issued in connection with the acquisition of BitNile.com, Inc. (the ‘Voting Rights Deficiency’). The Voting Rights Deficiency remains uncured. Announcement • Jul 01
BitNile Metaverse, Inc. announced delayed annual 10-K filing On 06/30/2023, BitNile Metaverse, Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Jun 02
BitNile Metaverse Regains Compliance with Nasdaq Minimum Bid Price Requirement BitNile Metaverse, Inc. announced that it has received a formal notice from The Nasdaq Stock Market (“Nasdaq”) stating that BitNile has regained compliance with the $1.00 per share minimum bid price requirement pursuant to Nasdaq Listing Rule 5550(a)(2), and that BitNile is in compliance with all applicable listing standards. On December 30, 2022, BitNile was notified by Nasdaq that its common stock had failed to maintain a minimum bid price of $1.00 for 30 consecutive business days and Nasdaq provided a 180-calendar day period following the date of the notice to regain compliance. Then, on May 8, 2023, BitNile received a letter from the Listing Qualifications staff (the “Staff”) of Nasdaq notifying BitNile that the Staff has determined to delist the Company’s common stock from Nasdaq as the Company’s common stock traded below $0.10 per share for 10 consecutive trading days. BitNile appealed the Staff’s decision and was granted a hearing before the Nasdaq Hearings Panel. Since BitNile has regained compliance, the hearing has been canceled. BitNile’s stock will continue to be listed and traded on The Nasdaq Capital Market. Announcement • May 23
Ault Alliance, Inc. and BitNile Metaverse, Inc. Announce the Launch of Social Gaming on the Platform with the First Public Release of Its Online Roulette Feature Ault Alliance, Inc. and BitNile Metaverse, Inc. announced the launch of social gaming on the Platform with the first public release of its online roulette feature. Previously available only as a Beta release, the new version of roulette offers users an opportunity to play simply for fun or for real money prizes through a sweepstakes model. Sweepstakes are only open to residents of the United States (other than residents of Idaho and Washington) who are at least eighteen years old or the age of majority in their jurisdiction (whichever occurs later) at the time of entry. Participants is void where permitted by law. Launched on March 1, 2023, the Early-Access version of the Platform provides a preview of the virtual world and related activities. New features and functionality will be added as they become available, including social gaming, eCommerce, live streaming entertainment, and social networking. Users can access and explore the early-access version of the Platform and receive updates by visiting. The Platform uses Google Analytics to track usage and identify users. A user is considered to be "engaged" if one of the following conditions is met: the session lasted longer than ten seconds; it resulted in one or more conversion events; or it resulted in two or more page/screen views. Announcement • May 11
BitNile Metaverse, Inc. Receives a Delisting Letter from Nasdaq On May 8, 2023, BitNile Metaverse, Inc. (the Company") received a letter from the Listing Qualifications staff (the Staff") of the Nasdaq Stock Market LLC (Nasdaq") notifying the Company that the Staff has determined to delist the Company's common stock, par value $0.001 per share (the Common Stock") from The Nasdaq Capital Market, effective May 17, 2023, pursuant to Listing Rule 5810(c)(3)(A)(iii), as the Company's common stock traded below $0.10 per share for 10 consecutive trading days. According to the letter, the Company has until May 15, 2023 to appeal the Staff's decision. The letter followed a previous letter received from Nasdaq on December 30, 2022, wherein the Company was notified that the bid price of its Common Stock had closed at less than $1.00 per share for 30 consecutive trading days resulting in its non-compliance with Listing Rule 5550(a)(2). The Company intends to appeal the Staff's decision and seek to regain compliance with the Nasdaq Listing Rules. In the furtherance of the foregoing, the Company filed the Certificate of Change with the Nevada Secretary of State in order to complete a reverse stock split of its Common Stock at a ratio of 1-for-30 (the Reverse Split"), as more particularly described in Item 3.03 of this Current Report on Form 8-K. Specifically, the Reverse Split was effected to increase the stock price per share of the Common Stock. However, no assurances can be given that the Company's appeal or the Reverse Split will enable the Company to maintain the listing of its Common Stock on The Nasdaq Capital Market. Announcement • Feb 15
Ecoark Holdings, Inc. announced delayed 10-Q filing On 02/14/2023, Ecoark Holdings, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Feb 10
Ecoark Holdings, Inc. (NasdaqCM:ZEST) agreed to acquire BitNile, Inc. from Ault Alliance, Inc. (NYSEAM:AULT) and others for $100 million. Ecoark Holdings, Inc. (NasdaqCM:ZEST) entered into a share exchange agreement to acquire BitNile, Inc. from Ault Alliance, Inc. (NYSEAM:AULT) and others for $100 million on February 9, 2023. The consideration consists of Preferred Stock of Ecoark Holdings, Inc. with a stated value of $100 million, will be convertible into shares of Ecoark common stock, accrue dividends of 5% per annum for 10 years, and be entitled to certain other rights as set forth in the certificate of designation for the Preferred Stock. The deal is subject to Ecoark’s receipt of a fairness opinion, each parties’ satisfaction of its due diligence review of the other party, completion of required stock exchange and regulatory approvals and approval of Ecoark shareholders. The acquistion is expected to complete during February 2023. Announcement • Apr 14
Ecoark Holdings, Inc. Announces CFO Changes On April 8, 2022, William Hoagland, Chief Financial Officer of Ecoark Holdings, Inc. resigned from his position as of officer of the Company. On April 12, 2022, the Board of Directors of the Company appointed Jay Puchir as the Company's Chief Financial Officer. Mr. Puchir has been serving as the Company's Treasurer, Agora's Chief Financial Officer and the Chief Executive Officer and President of Banner Midstream Corp, another subsidiary of the Company. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: US$0.17 (up from US$0.025 in 3Q 2021). Revenue: US$6.14m (up 37% from 3Q 2021). Net income: US$4.60m (up US$4.07m from 3Q 2021). Profit margin: 75% (up from 12% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Announcement • Feb 06
Ecoark Holdings, Inc. Announces the Resignation of Peter Mehring as President and Director, Effective February 11, 2022 On February 2, 2021, Peter Mehring, President and a director of Ecoark Holdings, Inc. notified the company he intends to resign as a director of the Board of Directors and from his other positions with the company effective February 11, 2022. Mr. Mehring is leaving the company because he has entered into an agreement to work for a leading Internet services company based in the Silicon Valley. Mr. Mehring has agreed to provide consulting services relating to Zest’s intellectual property. Recent Insider Transactions • Nov 29
Founder recently bought US$128k worth of stock On the 23rd of November, Randy May bought around 45k shares on-market at roughly US$2.85 per share. This was the largest purchase by an insider in the last 3 months. This was Randy's only on-market trade for the last 12 months. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 25
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 24
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 24
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 24
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 24
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 24
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 24
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 24
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 24
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 24
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Nov 24
Independent Director John Cahill has left the company On the 12th of November, John Cahill's tenure as Independent Director ended after 5.5 years in the role. As of September 2021, John still personally held 183.27k shares (US$962k worth at the time). John is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model. Reported Earnings • Nov 13
Second quarter 2022 earnings released: US$0.23 loss per share (vs US$0.45 profit in 2Q 2021) The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: US$6.11m (up 86% from 2Q 2021). Net loss: US$5.86m (down 165% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Board Change • Sep 30
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. Independent Director Steven Nelson was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Aug 08
Ecoark Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $20.000001 million. Ecoark Holdings, Inc. has completed a Follow-on Equity Offering in the amount of $20.000001 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 3,478,261
Price\Range: $5.75
Discount Per Security: $0.4025
Security Name: Warrants
Security Type: Equity Warrant
Securities Offered: 3,478,261
Transaction Features: Registered Direct Offering Announcement • Aug 06
Ecoark Holdings, Inc.'s Common Stock Deleted from Other OTC Ecoark Holdings, Inc.'s Common Stock has been deleted from other OTC effective from August 4, 2021 due to Market Center Change Listed on NASDAQ.