RiskOn International, Inc., headquartered in Las Vegas, Nevada, has been notified by the Nasdaq Hearings Panel of the decision to delist the company's common stock from The Nasdaq Capital Market. The delisting, effective as of April 12, 2024, is due to the company's non-compliance with multiple Nasdaq Listing Rules, including those related to stockholders' equity and public interest concerns following the acquisition of BitNile.com, Inc. on March 6, 2023. Since February 28, 2024, RiskOn International's common stock has been trading on the Pink Current Information tier of the Over-the-Counter Market under the symbol 'ROII'. The company is considering applying to have its common stock traded on the OTCQB Venture Market. Despite the delisting, RiskOn International will remain a reporting...Show More

RiskOn International, Inc., headquartered in Las Vegas, Nevada, has been notified by the Nasdaq Hearings Panel of the decision to delist the company's common stock from The Nasdaq Capital Market. The delisting, effective as of April 12, 2024, is due to the company's non-compliance with multiple Nasdaq Listing Rules, including those related to stockholders' equity and public interest concerns following the acquisition of BitNile.com, Inc. on March 6, 2023. Since February 28, 2024, RiskOn International's common stock has been trading on the Pink Current Information tier of the Over-the-Counter Market under the symbol 'ROII'. The company is considering applying to have its common stock traded on the OTCQB Venture Market. Despite the delisting, RiskOn International will remain a reporting company under the Securities Exchange Act of 1934 and continue to file reports with the SEC. The delisting could have several negative impacts on the company, including reduced liquidity and market price of the common stock, and if not listed on another qualifying exchange within seven trading days, it could trigger a default under the terms of the company's Senior Secured Convertible Notes issued on April 27, 2023.