Form 8-K - Current report
16 Oktober 2024 - 10:30PM
Edgar (US Regulatory)
false
0001603207
0001603207
2024-10-14
2024-10-14
iso4217:USD
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): October 14, 2024
NOTABLE
LABS, LTD.
(Exact
name of registrant as specified in charter)
Israel |
|
001-36581 |
|
Not
Applicable |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
320
Hatch Drive |
|
Foster
City, California |
|
|
|
94404 |
(Address
of principal executive offices) |
|
|
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (415) 851-2410
N/A
(Former
name or former address, if changed since last report)
Securities
registered or to be registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Ordinary
Shares, par value NIS 0.35 each |
|
NTBL |
|
The
Nasdaq Capital Market |
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
As
previously disclosed, on October 13, 2024 Notable Labs, Ltd. (the “Company” or “Notable”)
and its subsidiaries, filed voluntary petitions for relief (the “Chapter 7 Filings”) under the provisions of
chapter 7 of title 11 of the United States Code, 11 U.S.C. §§ 101 et seq. (the “Bankruptcy Code”)
in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”). The chapter 7
cases are being administered under the captions “In re Notable Labs, Ltd.,” “In re Notable Labs, Inc.,”
“In re Notable Therapeutics, Inc.” and “In re VBL Inc.”, Case Nos. 24-12336, 24-12333, 24-12334
and 24-12335, respectively.
On
October 14, 2024, the Company received written notice (the “Delisting Notice”) from the staff of the Nasdaq
Stock Market LLC (“Nasdaq”) notifying the Company that, as a result of the Chapter 7 Filings and in accordance
with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1, the staff of Nasdaq had determined that the Company’s ordinary shares will
be delisted from Nasdaq. In the Delisting Notice, the staff of Nasdaq referenced the Chapter 7 Filings and associated public interest
concerns raised by it, concerns regarding the residual equity interest of the existing listed securities holders and concerns about the
Company’s ability to sustain compliance with all requirements for continued listing on Nasdaq. The Delisting Notice also indicates
that the Company may appeal Nasdaq’s determination pursuant to procedures set forth in Nasdaq Listing Rule 5800 Series. The Company
does not intend to appeal this determination.
Trading
of the Company’s ordinary shares will be suspended at the opening of business on October 23, 2024, and a Form 25-NSE will be filed
with the Securities and Exchange Commission, which will remove the Company’s ordinary shares from listing and registration on Nasdaq.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
|
|
NOTABLE LABS, LTD. |
|
|
|
|
Date: |
October
16, 2024 |
By: |
/s/
Jeoffrey L. Burtch |
|
|
Name: |
Jeoffrey
L. Burtch |
|
|
Title: |
Authorized
Signatory for the Estate of Notable Labs, Ltd. |
v3.24.3
Cover
|
Oct. 14, 2024 |
Cover [Abstract] |
|
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
Oct. 14, 2024
|
Entity File Number |
001-36581
|
Entity Registrant Name |
NOTABLE
LABS, LTD.
|
Entity Central Index Key |
0001603207
|
Entity Incorporation, State or Country Code |
L3
|
Entity Address, Address Line One |
320
Hatch Drive
|
Entity Address, City or Town |
Foster
City,
|
Entity Address, State or Province |
CA
|
Entity Address, Postal Zip Code |
94404
|
City Area Code |
(415)
|
Local Phone Number |
851-2410
|
Written Communications |
false
|
Soliciting Material |
false
|
Pre-commencement Tender Offer |
false
|
Pre-commencement Issuer Tender Offer |
false
|
Title of 12(b) Security |
Ordinary
Shares, par value NIS 0.35 each
|
Trading Symbol |
NTBL
|
Security Exchange Name |
NASDAQ
|
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