IPO - N2OFF, Inc.
Form Type: S-1/A
Filing Date: 2025-02-14
Corporate Action: Ipo
Type: Update
Accession Number: 000149315225006622
Filing Summary: N2OFF, Inc. filed an updated registration statement on Form S-1/A, indicating its intent to conduct an initial public offering (IPO). The amendment includes detailed financial information, business operations, risk factors, and intended use of proceeds from the offering. The company aims to raise capital to support growth initiatives, including product development and market expansion. Key financial figures from the latest quarter highlight a commitment to increasing market share and scaling operations to enhance shareholder value. The document also addresses potential risks associated with the IPO process and market volatility, providing transparency to potential investors.
Additional details:
Financial Information: detailed financial statements including income, expenditures, and assets
Business Operations: descriptions of core business activities and revenue streams
Risk Factors: listing of potential risks that could impact the company's performance
Use Of Proceeds: outline of how the funds raised from the IPO will be utilized
Market Expansion Strategy: plans for growth in new markets and product offerings
Form Type: CORRESP
Filing Date: 2025-02-14
Corporate Action: Ipo
Type: Update
Accession Number: 000149315225006800
Filing Summary: N2OFF, Inc. has filed an amendment to its Registration Statement on Form S-1/A, requesting that the SEC accelerate the effectiveness of the registration so that it becomes effective on February 14, 2025, at 4:00 p.m. or as soon as possible thereafter. The company acknowledges that this request does not limit the SEC's ability to take action with respect to the filing and it remains responsible for the accuracy of the disclosure. The letter is signed by David Palach, the CEO of N2OFF, Inc.
Additional details:
Registration Statement File Number: 333-284337
Request Effective Time: 2025-02-14T16:00:00
Form Type: S-1/A
Filing Date: 2025-02-07
Corporate Action: Ipo
Type: Update
Accession Number: 000149315225005400
Filing Summary: N2OFF, Inc. filed an Amendment No. 1 to its Form S-1 on February 7, 2025, as part of its registration statement under the Securities Act of 1933. The filing indicates that the company is preparing for an initial public offering (IPO). The registration covers the proposed sale of securities as soon as the registration statement is declared effective. The company has stated it is categorized as a smaller reporting company and an emerging growth company. Key details include the principal executive office located in Neve Yarak, Israel, and the agent for service based in Nevada. The filing is part of their compliance efforts, including the necessary details and contact information for further inquiries.
Additional details:
Cik: 0001789192
State Of Incorporation: Nevada
Primary Standard Industrial Classification Code Number: 2000
Employer Identification Number: 26-4684680
Address: HaPardes 134 (Meshek Sander), Neve Yarak, Israel
Telephone: (347) 468-9583
Agent For Service Name: VCorp Services, LLC
Agent For Service Address: 701 S. Carson Street Suite 200, Carson City, Nevada 89701
Agent For Service Telephone: (888) 528-2677
Legal Counsel Name: Mark E. Crone, Esq.
Legal Counsel Address: 420 Lexington Avenue, Suite 2446, New York, New York 10170
Legal Counsel Email: [email protected]
Legal Counsel Telephone: (646) 861-7891
Approximate Date Of Commencement Of Proposed Sale: As soon as practicable after this Registration Statement is declared effective.
Large Accelerated Filer: No
Accelerated Filer: No
Non Accelerated Filer: Yes
Smaller Reporting Company: Yes
Emerging Growth Company: Yes
Form Type: S-1
Filing Date: 2025-01-17
Corporate Action: Ipo
Type: New
Accession Number: 000149315225002758
Filing Summary: N2OFF, Inc. filed a Form S-1 registration statement with the SEC on January 17, 2025, for the public offering of up to 53,125,000 shares of common stock. This includes 1,704,116 shares currently held by selling stockholders, and 4,545,884 shares issuable upon the exercise of Pre-Funded Warrants, alongside 46,875,000 shares upon exercising Common Warrants. The offering is subject to compliance with a minimum bid price requirement of $1 set by Nasdaq, which the company was notified it did not meet but received an extension until July 7, 2025. The document indicates that N2OFF is an emerging growth company and will rely on reduced reporting obligations under the JOBS Act. It details recent developments, including a debt settlement with Plantify through share issuance and a securities purchase agreement for gross proceeds of approximately $1,500,000.
Additional details:
Approximate Date Of Commencement Of Proposed Sale: As soon as practicable after this Registration Statement is declared effective
Number Of Shares Outstanding Prior To Offering: 13,762,353
Total Grant For Exercise Of Common Warrants: 65,183,237
Trading Symbol: NITO
Closing Price Prior To Filing: 0.82
Nasdaq Bid Price Deficiency Notification Date: 2024-07-08
Extension Notification Date: 2025-01-07
Debt Settlement Amount: CDN$2,052,879.39
Total Proceeds From Private Placement: $1,500,000
Warrant Exercise Price: $0.24
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