Every material Form 8-K Kaixin Holdings has filed with the SEC since June 03, 2019, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Kaixin Auto Holdings said on June 28, 2019 that it qualifies as a foreign private issuer under Exchange Act Rule 3b-4. Effective immediately after this filing, it will report under the Exchange Act as a foreign private issuer, filing annual reports on Form 20-F and current reports on Form 6-K instead of domestic forms. The filing is a reporting-status change and contains no financial results, guidance or deal terms.
Determination made on June 28, 2019 that Kaixin Auto qualifies as a foreign private issuer under Rule 3b-4
Reporting change effective immediately after the July 1, 2019 filing
Annual reports will be filed on Form 20-F and current reports on Form 6-K
Kaixin Auto Holdings (KXIN) said it did not appeal a Nasdaq notice over non-compliance with listing rule IM-5101-2 for its warrants, so Nasdaq will delist the warrants. The company's ordinary shares, which trade under KXIN on the Nasdaq Capital Market, are not affected by the warrant delisting.
Nasdaq announced on June 21, 2019 that it will delist the Company's warrants.
Trading in the warrants was set to be suspended at the opening of business on June 11, 2019 unless the Company requested an appeal.
The Company did not appeal; Nasdaq will file a Form 25 with the SEC, and the delisting takes effect ten days after that filing.
Ordinary shares under the ticker KXIN continue to trade on the Nasdaq Capital Market.
On May 31, 2019, Nasdaq notified Kaixin Auto Holdings that its warrants did not meet its requirement of at least 400 round lot holders, a requirement that applies after the company's April 30, 2019 business combination with Kaixin Auto Group. Unless the company appeals by June 7, 2019, Nasdaq will suspend trading of the warrants at the opening of business on June 11, 2019 and remove them from listing. The company's ordinary shares, which trade as KXIN, are not affected.
Nasdaq notice dated May 31, 2019, cites Listing Rule 5515(a)(4) and IM-5101-2 for the warrants
The filing says the company has not shown at least 400 round lot holders for its warrants
Warrant trading suspension set for June 11, 2019 unless the company appeals by June 7, 2019
Ordinary shares continue to trade on the Nasdaq Capital Market under the ticker KXIN
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Kaixin Holdings filing is on SEC EDGAR ↗. 8-K briefs of other companies →