Aeluma, Inc. Form 8-K Summary
Business Context and Reporting Date
Aeluma, Inc. filed a Current Report on Form 8-K dated July 29, 2022, under Item 8.01, Other Events. The company is a Delaware corporation headquartered in Goleta, California, and identifies as an emerging growth company. No securities were registered under Section 12(b) of the Exchange Act.
Key Financial Metrics
The filing does not provide financial statements, revenue, profit, cash flow, margin, debt, liquidity, or other operating metrics.
Material Developments
- The company’s market maker, The Benchmark Company, notified Aeluma that FINRA had released its letter clearing Benchmark’s Form 211 application filed on the company’s behalf.
- Benchmark received approval to begin the quotation process for Aeluma’s common stock.
- The company was assigned the ticker symbol ALMU.
- Aeluma stated that it was in the final stages of clearing its application with OTC Markets, with the intention of moving its common stock from Pink Current to the OTCQB market in the near future.
Outlook, Risks, and Unusual Items
The planned OTCQB uplisting remained subject to completion of the OTC Markets application process. The filing does not provide a guaranteed completion date or assurance that the uplisting would occur. No additional guidance, risk factors, contingencies, or unusual financial items were disclosed.
Investor Verification Points
- Verify the commencement and status of quotation under the ALMU ticker.
- Confirm whether the company completed its intended move from Pink Current to OTCQB.
- Review subsequent filings for financial condition, operating results, capital needs, and trading liquidity.
- Review Exhibit 99.1, the July 29, 2022 press release, for the company’s accompanying announcement.