false
0001557376
0001557376
2024-09-20
2024-09-20
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM 8-K
Pursuant
to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date
of report (Date of earliest event reported): September 20, 2024
ZEO SCIENTIFIX, INC.
(Exact
name of registrant as specified in its charter)
Nevada |
|
000-55008 |
|
47-4180540 |
(State
or Other Jurisdiction
of Incorporation) |
|
(Commission
File Number) |
|
(IRS
Employer
Identification No.) |
3321 College Avenue, Suite 246
Davie,
Florida |
|
33314 |
(Address
of Principal Executive Offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: (888) 963-7881
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below):
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each Class |
|
Trading
Symbol |
|
Name
of each exchange on which registered |
None |
|
N/A |
|
N/A |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
As
used in this Current Report on Form 8-K (this “Report”) and unless otherwise indicated, the terms “the Company,”
“ZEO,” “we,” “us” and “our” refer to Zeo ScientifiX, Inc.
ZEO
is hereby providing its stockholders and the investment community with an update on its business strategy and plans.
ZEO,
a South Florida-based clinical-stage biopharmaceutical company, believes it is now poised to play a bigger role in the therapeutics
market thanks to its rapidly-advancing research. ZEO recently completed successful Phase 1 clinical trials involving its flagship
proprietary product, Zofin™. Now, the Company is actively seeking to launch Phase 2 trials for Zofin™ for several
indications along with other products in the Company’s pipeline. ZEO’s goal is to obtain FDA approval for the use of its
products for the treatment of various diseases and chronic conditions.
Ian
Bothwell, Interim Chief Executive Officer at ZEO, stated “I am proud of our recent accomplishments and the fact that we are
now actively working toward the commencement of Phase 2 clinical trials. This is a significant milestone that has invigorated our
team and brought increased focus to achieving our Company’s meaningful goals. We have eminently qualified researchers, an
extremely experienced management team, and a state-of-the-art cGMP compliant laboratory located at Nova Southeastern University,
which is considered one of the top research collaboration complexes in the country. We believe that we are uniquely positioned to
become an industry leader in developing biologic therapeutics in this growing and expanding market.” According to Precedence
Research, the regenerative medicine space is expected to grow to a nearly $175 billion market by 2032, with a projected
growth rate of 22.8% annually.
ZEO’s research and development (R&D) product pipeline underscores the Company’s
commitment to innovation and its mission to advance the use of biologic therapies to address the unmet needs of patients facing acute
and chronic conditions in multiple areas.
The
Company’s proprietary product, Zofin™, is derived from perinatal sources and manufactured to retain naturally occurring extracellular
vesicles, proteins, and cell secreted nanoparticles. Its Patient Pure X™ (“PPX™”) product is an autologous biologic
containing a nanoparticle fraction that is precipitated from a patient’s own peripheral blood.
In
addition to its clinical trials research program to treat various diseases and chronic conditions, ZEO is seeking to develop new
formulations for topical aesthetic and anti-aging applications. The Company has partnered with Exotropin, LLC
(“Exotropin”) to develop various products and technologies for these applications. Exotropin is a private company that has proprietary technology involving the use of topical exosomes and a diversified portfolio of
skin and hair care products. ZEO also owns a minority interest in Exotropin.
During
February of this year, the Company changed its name from Organicell Regenerative Medicine to ZEO ScientifiX, to better reflect the Company’s
mission and commitment to scientific research and the development of new biologic therapies.
Dr.
George Shapiro, Chief Medical Officer at ZEO, stated “We believe that ZEO is on the cusp of major advancements in both regenerative
and aesthetic products. Our unique approach and robust research and development pipeline position us for future substantial market impact,
benefiting patients and providers alike.”
To
learn more, please visit https://zeoscientifix.com/
Forward-Looking
Statements
Certain
statements contained in this Report, including those regarding the Company’s readiness to play a bigger role in the
therapeutics market based on its rapidly advancing research and the Company’s unique position of becoming an industry leader
in developing biologic therapeutics should be considered forward-looking statements within the meaning of the Securities Act of
1933, as amended (the “Securities Act”), the Securities Exchange Act of 1934, as amended (the “Exchange
Act”), and the Private Securities Litigation Reform Act of 1995. These forward- looking statements are often identified by the
use of forward-looking terminology such as “will,” “believes,” “expects,”
“potential,” or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes
that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and
uncertainties, and these expectations may prove to be incorrect. No assurances can be given that the Company will be successful in
its research initiatives. In addition, no assurances can be given that our research initiatives will increase the price of our
common stock to a level that is attractive to brokerage houses and institutional investors. We remind you that actual results could
vary dramatically as a result of known and unknown risks and uncertainties, including but not limited to: potential issues related
to our financial condition, competition, the ability to retain key personnel, product safety, efficacy and acceptance, the
commercial success of any new products or technologies, success of clinical programs, ability to retain key customers, our inability
to expand sales and distribution channels, legislation or regulations affecting our operations including product pricing,
reimbursement or access, the ability to protect our patents and other intellectual property both domestically and internationally,
and other known and unknown risks and uncertainties, including the risk factors discussed in the Company’s periodic reports
that are filed with the SEC and available on the SEC’s website (http://www.sec.gov). You are cautioned not to place undue
reliance on these forward-looking statements. All forward-looking statements attributable to the Company or persons acting on its
behalf are expressly qualified in their entirety by these risk factors. Specific information included in this Report may change over
time and may or may not be accurate after the date of the release. ZEO has no intention and specifically disclaims any duty to
update the information in this Report.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Dated:
September 20, 2024 |
ZEO
SCIENTIFIX, INC. |
|
|
|
|
By: |
/s/
Ian T. Bothwell |
|
|
Ian
T. Bothwell, Interim Chief Executive Officer and
Chief
Financial Officer
|
v3.24.3
X |
- DefinitionBoolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
+ Details
Name: |
dei_AmendmentFlag |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFor the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
+ Details
Name: |
dei_DocumentPeriodEndDate |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:dateItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
+ Details
Name: |
dei_DocumentType |
Namespace Prefix: |
dei_ |
Data Type: |
dei:submissionTypeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 1 such as Attn, Building Name, Street Name
+ References
+ Details
Name: |
dei_EntityAddressAddressLine1 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 2 such as Street or Suite number
+ References
+ Details
Name: |
dei_EntityAddressAddressLine2 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Definition
+ References
+ Details
Name: |
dei_EntityAddressCityOrTown |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCode for the postal or zip code
+ References
+ Details
Name: |
dei_EntityAddressPostalZipCode |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the state or province.
+ References
+ Details
Name: |
dei_EntityAddressStateOrProvince |
Namespace Prefix: |
dei_ |
Data Type: |
dei:stateOrProvinceItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityCentralIndexKey |
Namespace Prefix: |
dei_ |
Data Type: |
dei:centralIndexKeyItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIndicate if registrant meets the emerging growth company criteria.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityEmergingGrowthCompany |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCommission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
+ Details
Name: |
dei_EntityFileNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:fileNumberItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTwo-character EDGAR code representing the state or country of incorporation.
+ References
+ Details
Name: |
dei_EntityIncorporationStateCountryCode |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarStateCountryItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityRegistrantName |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityTaxIdentificationNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:employerIdItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionLocal phone number for entity.
+ References
+ Details
Name: |
dei_LocalPhoneNumber |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 13e -Subsection 4c
+ Details
Name: |
dei_PreCommencementIssuerTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 14d -Subsection 2b
+ Details
Name: |
dei_PreCommencementTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 14a -Subsection 12
+ Details
Name: |
dei_SolicitingMaterial |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Securities Act -Number 230 -Section 425
+ Details
Name: |
dei_WrittenCommunications |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
ZEO Scientifix (QB) (USOTC:ZEOX)
過去 株価チャート
から 2 2025 まで 3 2025
ZEO Scientifix (QB) (USOTC:ZEOX)
過去 株価チャート
から 3 2024 まで 3 2025