Nano Magic Inc
OTCQB:NMGX

  • LAST PRICE
    0.6110
  • TODAY'S CHANGE (%)
    -0.1590 (-20.6494%)
  • Bid / Lots
    0.4250/ 25
  • Ask / Lots
    0.5900/ 10
  • Open / Previous Close
    0.6120 / 0.7700
  • Day Range
    0.6110
    0.6120
  • 52 Week Range
    0.3000
    2.0000
  • Volume
    2,618

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  • Oct 16, 2024

      Show headlines and story abstract

    • 9:00AM ET on Wednesday Oct 16, 2024 by Dow Jones
      Companies Mentioned: NMGX

      NANO MAGIC VINDICATED BY SEC IN HISTORIC REVERSAL OF 2020 TRADING SUSPENSION

      MADISON HEIGHTS, Mich., Oct. 16, 2024 (GLOBE NEWSWIRE) -- Nano Magic Inc. (OTCMKT: NMGX) ("Nano Magic" or the "Company"), a leader in nanotechnology-powered cleaning, protection and anti-fog solutions, announced that, on October 10, 2024, the Securities and Exchange Commission ("SEC") finally granted Nano Magic's Petition filed more than four years earlier. The SEC Order granted Nano Magic's Petition to vacate the 10-day trading suspension order, nunc pro tunc to April 30, 2020. Reacting to the SEC decision, Tom Berman, President and CEO, stated that "we have maintained since day one that SEC was wrong to suspend trading in our stock. This unprecedented decision vindicates us. Still, I am outraged that this expensive and long-drawn-out legal battle was needed to establish once and for all that the trading suspension was wrong from the get-go. We are grateful for the dedication and creativity of Jacob Frenkel and his team at Dickinson Wright to stand with us and vigorously argue for Nano Magic at every turn."

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