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RW: Registration Withdrawal Request

SEC announcement ·  Jul 4 04:31
Summary by Futu AI
RiskOn International, Inc. has formally requested the withdrawal of its Registration Statement on Form S-1, initially filed on January 23, 2024, and subsequently amended. The request, dated July 3, 2024, was submitted to the U.S. Securities and Exchange Commission (SEC) under Rule 477 of the Securities Act of 1933. The Registration Statement, which was declared effective on February 9, 2024, was intended to register for resale up to 40 million shares of common stock by Arena Business Solutions Global SPC II, Ltd. for Segregated Portfolio #3. However, RiskOn International has decided not to proceed with the sale of these shares to the Selling Shareholder at this time. The company believes that the withdrawal is in the public interest and protects investors since no securities have been or will be sold under the Registration Statement. RiskOn International also seeks to have the fees paid in connection with the filing credited for future use, as per Rule 457(p) of the Securities Act.
RiskOn International, Inc. has formally requested the withdrawal of its Registration Statement on Form S-1, initially filed on January 23, 2024, and subsequently amended. The request, dated July 3, 2024, was submitted to the U.S. Securities and Exchange Commission (SEC) under Rule 477 of the Securities Act of 1933. The Registration Statement, which was declared effective on February 9, 2024, was intended to register for resale up to 40 million shares of common stock by Arena Business Solutions Global SPC II, Ltd. for Segregated Portfolio #3. However, RiskOn International has decided not to proceed with the sale of these shares to the Selling Shareholder at this time. The company believes that the withdrawal is in the public interest and protects investors since no securities have been or will be sold under the Registration Statement. RiskOn International also seeks to have the fees paid in connection with the filing credited for future use, as per Rule 457(p) of the Securities Act.

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