Business Context and Reporting Period
This Form 6-K filing by Safe-T Group Ltd. (not Alarum Technologies Ltd.) covers the month of January 2022, with a report date of January 14, 2022. The registrant is a foreign private issuer based in Herzliya, Israel, and files annual reports on Form 20-F.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report serves solely to disclose a regulatory notification and does not contain financial statements or performance data.
Material Changes
The material event disclosed is the receipt of a notification from Nasdaq regarding the company's failure to meet the minimum bid price requirement for continued listing. No financial changes versus prior periods are reported in this document.
Guidance, Outlook, and Risks
Risks and Contingencies: The primary risk identified is the potential delisting from Nasdaq if the company fails to regain compliance with the minimum bid price requirement within the timeframe specified by the exchange. The filing incorporates a press release detailing this notification but does not provide specific management commentary on future financial guidance or operational outlook.
Investor Verification Checklist
- Verify the current status of the Nasdaq minimum bid price compliance plan.
- Confirm the specific timeline provided by Nasdaq for regaining compliance.
- Review the full text of the press release (Exhibit 99.1) for details on potential remediation strategies, such as reverse stock splits.
- Check subsequent filings for updates on the listing status or financial performance.