Encision Inc. Announces Halt of Stock Trading
Rhea-AI Summary
Encision (OTC Pink: ECIA) announced on May 4, 2026 that trading in its common stock has been halted after the company filed a Form 15 to voluntarily deregister under Section 12(g) of the Exchange Act. Upon filing, SEC reporting obligations (Forms 10-K, 10-Q, 8-K) are suspended.
Encision said it intends to continue preparing and publishing quarterly and annual financial results outside SEC reporting and is applying to OTC Markets for quotation to restore tradability; a further announcement will follow once OTC Markets sets a resumption date.
Positive
- Company voluntarily filed Form 15 to manage reporting obligations
- Encision intends to continue publishing quarterly and annual results
- Company is applying to OTC Markets for alternative quotation
Negative
- Trading halted after filing Form 15 on May 4, 2026
- SEC reporting obligations (10-K/10-Q/8-K) are suspended pending deregistration
- Shares may face reduced liquidity while OTC Markets determines quotation timing
AI-generated analysis. How Rhea-AI works. Not financial advice.
BOULDER, CO / ACCESS Newswire / May 4, 2026 / Encision Inc. (OTC Pink:ECIA), a medical device company that owns patented Active Electrode Monitoring (AEM®) technology designed to prevent dangerous stray energy burns in minimally invasive surgery, today announced that trading in its common stock has been halted. The halt in trading results from the Company's filing of a Form 15 with the Securities and Exchange Commission ("SEC") to voluntarily deregister its common stock under Section 12(g) of the Securities Exchange Act of 1934(the "Exchange Act").
Upon the filing of the Form 15, the Company's reporting obligations, including its obligations to file annual, quarterly and current reports on Forms 10‑K, 10‑Q and 8‑K with the SEC, are suspended. Encision currently intends to continue to prepare and publish quarterly and annual financial results, which will include much of the financial information previously disclosed in the Company's SEC periodic reports.
Encision is applying to OTC Markets for quotation of its common stock on an alternative trading platform. The Company will issue a further announcement once OTC Markets has determined when trading in Encision's common stock may resume.
Encision designs and markets a portfolio of high-performance surgical instrumentation that delivers advances in patient safety with AEM technology, surgical performance, and value to hospitals across a broad range of minimally invasive surgical procedures. Based in Boulder, Colorado, the company pioneered the development and deployment of Active Electrode Monitoring, AEM technology, to eliminate dangerous stray energy burns during minimally invasive procedures.
Forward-looking Statements:
Discussions of some of the matters contained in this press release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and, as such, may involve risks and uncertainties.
CONTACT: Mala Ray, Encision Inc., 303-444-2600, mray@encision.com
SOURCE: Encision, Inc.
View the original press release on ACCESS Newswire