Rafael Holdings, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Rafael Holdings, Inc. on November 18, 2019. The report addresses a corporate governance and listing event rather than a standard financial reporting period.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a notice of a listing transfer and does not contain financial statement data.
Material Changes
- Listing Transfer: The Company received approval to transfer its Class B common stock from the NYSE American to the New York Stock Exchange (NYSE).
- Trading Symbol: The stock will continue to trade under the symbol "RFL" on the new exchange.
- Effective Date: Trading on the NYSE is anticipated to commence on November 21, 2019. Trading on the NYSE American will conclude at the close of business on November 20, 2019.
Guidance, Outlook, and Management Commentary
Management, represented by the Board of Directors, has approved the transfer to the NYSE. The Company issued a press release on November 18, 2019, to disclose this information under Regulation FD. No specific financial guidance, risk factors, or contingencies regarding future performance were detailed in this specific filing.
Investor Verification Checklist
- Confirm the stock begins trading on the NYSE on November 21, 2019, under the symbol "RFL."
- Verify the cessation of trading on the NYSE American at the close of November 20, 2019.
- Review the attached press release (Exhibit 99.1) for any additional context regarding the strategic rationale for the listing transfer.