STOCK TITAN

Rocket One Inc. (NASDAQ: HOTH) rebrands to RKTO with orbital AI chip focus

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Rocket One Inc., formerly Hoth Therapeutics, has amended its Nevada charter to change its corporate name to Rocket One Inc. effective May 26, 2026. The company’s common stock will begin trading on The Nasdaq Capital Market under the new ticker “RKTO” on May 28, 2026, replacing “HOTH.”

The company is repositioning around the “orbital economy,” focusing on next-generation nanomagnetic AI chip technology designed for ultra-low-power, radiation-tolerant computing in space and defense applications. Its legacy biotechnology programs will continue under a wholly owned subsidiary, now named Rocket One.0 Inc. Shareholder rights and the CUSIP for the common stock remain unchanged.

Positive

  • None.

Negative

  • None.

Insights

Rocket One pivots from biotech toward space-focused AI hardware while retaining legacy drug assets in a subsidiary.

Rocket One Inc. is making a strategic shift from its historical biotechnology focus toward infrastructure for the orbital economy. It highlights exclusive rights to nanomagnetic AI chip architectures aimed at ultra-low-power, radiation-tolerant computing for satellites, defense platforms, and space-based AI systems.

The company states that legacy biotech assets, including programs like HT-001, HT-KIT and HT-ALZ, will continue under a wholly owned subsidiary, Rocket One.0 Inc., preserving exposure to those pipelines. The visible emphasis, however, moves to semiconductor-style development, which typically involves longer, capital-intensive cycles and different competitive dynamics.

Risks disclosed include the early-stage nature of the licensed technologies, lack of any commercial product, substantial capital requirements, long development timelines, and competition from larger semiconductor and defense players. The filing also notes dependence on meeting license diligence milestones and navigating export control and government contracting considerations.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Name change effective date May 26, 2026 Effective date of corporate name change to Rocket One Inc.
New ticker trading date May 28, 2026 First trading day for Rocket One under symbol RKTO
Subsidiary name change date May 26, 2026 Effective date for renaming subsidiary to Rocket One.0 Inc.
orbital economy financial
"The Rocket One identity reflects the Company’s strategic focus on the orbital economy"
nanomagnetic AI chip technology technical
"Rocket One holds exclusive rights to a next-generation nanomagnetic AI chip technology"
radiation-tolerant computing technical
"designed for radiation-tolerant, energy-constrained environments such as low-Earth orbit"
forward-looking statements regulatory
"This press release contains “forward-looking statements” within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
exclusive license financial
"the Company’s exclusive license of AI Chip Architecture"
An exclusive license is a legal agreement that gives one party the sole right to use, make, sell or commercialize a product, technology, patent, or other intellectual property, while the owner keeps ultimate ownership. Think of it like leasing a unique tool to a single tenant: that tenant alone can profit from it for the license term. Investors care because exclusivity can create predictable revenue streams, affect competitive position, valuation, and the likelihood of future royalties or milestone payments.
false --12-31 0001711786 0001711786 2026-05-20 2026-05-20 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported) May 20, 2026

 

Hoth Therapeutics, Inc. (Now Known As Rocket One Inc.)

(Exact name of registrant as specified in its charter)

 

Nevada   001-38803   82-1553794
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (I. R. S. Employer
Identification No.)

 

720 Monroe Street, Suite E514

Hoboken, NJ 07030

(Address of principal executive offices, including ZIP code)

 

(866) 239-7459

(Registrant’s telephone number, including area code)

 

Hoth Therapeutics, Inc.

(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:

 

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(s)   Name of each exchange on which registered
Common stock, $0.0001 par value   RKTO   The Nasdaq Stock Market LLC

 

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.

 

 

 

 

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

 

On May 20, 2026, Rocket One Inc. (formerly, Hoth Therapeutics, Inc.) (the “Company”) filed a Certificate of Amendment to its Articles of Incorporation, as amended (the “Charter Amendment”), with the Secretary of State of the State of Nevada to change the name of the Company from “Hoth Therapeutics, Inc.” to “Rocket One Inc.” effective as of May 26, 2026 (the “Name Change”). 

 

Pursuant to Nevada Revised Statutes Section 78.390(8), no stockholder approval was required for the Charter Amendment because it only related to a name change. A copy of the Charter Amendment is attached hereto as Exhibit 3.1 and is incorporated herein by reference.

 

In connection with the Name Change, the Company’s trading symbol for its common stock will begin trading on The Nasdaq Capital Market on May 28, 2026 under the symbol “RKTO” (the “Symbol Change”).

 

Neither the Name Change, nor the Symbol Change, affects the rights of the Company’s shareholders, and shareholders do not need to take any action in connection with the Name Change or the Symbol Change. The CUSIP number for the Company’s common stock will remain 44148G204.

 

Item 8.01 Other Events.

 

On May 27, 2026, the Company issued a press release announcing, among other things, the Name Change and Symbol Change. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

As previously reported on a Current Report on Form 8-K filed with the SEC on May 6, 2026, on April 22, 2026, the Company filed Articles of Incorporation with the Secretary of State of the State of Nevada for the formation of its new wholly-owned subsidiary, Rocket One Inc. On May 20, 2026, the Company filed a Certificate of Amendment to the Articles of Incorporation with the Secretary of State of the State of Nevada to change the name of the subsidiary from “Rocket One Inc.” to “Rocket One.0 Inc.” effective as of May 26, 2026. 

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

The exhibit listed in the following Exhibit Index is filed as part of this Current Report on Form 8-K.

 

Exhibit No.   Description of Exhibit
3.1   Certificate of Amendment to Articles of Incorporation dated May 20, 2026
99.1   Press release dated May 27, 2026
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 -1-

 

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.

 

Date: May 27, 2026 Rocket One Inc. (formerly Hoth Therapeutics, Inc.)
   
  /s/ Robb Knie
  Robb Knie
  Chief Executive Officer

 

 -2-

Exhibit 99.1

 

Hoth Therapeutics Becomes Rocket One Inc. (Nasdaq: RKTO), Targeting the Space Economy with Next-Generation Nanomagnetic AI Chip Technology and Ultra-Low-Power, Radiation-Tolerant Computing for Space and Defense Applications

 

Company Adopts Space-Focused Identity, New Ticker “RKTO,” and Exclusive License of AI Chip Architecture Designed for Ultra-Low-Power, Radiation-Tolerant Computing in Space and Defense Applications

 

HOBOKEN, N.J. — May 27, 2026 — Hoth Therapeutics, Inc. (NASDAQ: HOTH) (“Hoth” or the “Company”) today announced that, following the strategic repositioning disclosed on May 19, 2026, it has completed the legal change of its corporate name to Rocket One Inc. (“Rocket One”) effective as of May 26, 2026 and will begin trading on The Nasdaq Capital Market under the new ticker symbol “RKTO” at the open of trading on May 28, 2026. The Company’s common stock will cease trading under the symbol “HOTH” at the close of trading on May 27, 2026.

 

The Rocket One identity reflects the Company’s strategic focus on the orbital economy: the next generation of satellites, defense platforms, and space-based AI systems that depend on hardware capable of operating reliably in space. The Company’s legacy biotechnology programs will continue to be advanced under a wholly owned subsidiary.

 

Why Space, and Why Now

 

The commercial space sector is undergoing a structural shift. Falling launch costs, the rapid growth of small satellites, and rising defense demand for resilient orbital assets are creating a new layer of infrastructure above the atmosphere. As more workloads move from ground stations to spacecraft — from Earth observation and signal processing to autonomous navigation and on-orbit AI — the limiting factor is no longer getting to orbit. It is the ability to run powerful computing on satellites that have very little power available, generate heat that is hard to dissipate, and operate in an environment of constant radiation.

 

Today’s standard computer chips are designed for terrestrial data centers, not for low-Earth orbit. They consume power satellites cannot spare, lose data when the satellite power cycles on and off, and require heavy shielding to survive radiation. Rocket One is positioning itself directly at this bottleneck.

 

The Technology Platform

 

Rocket One holds exclusive rights to a next-generation nanomagnetic AI chip technology. Unlike conventional chips that move electrons through silicon, this new class of chip uses magnetism at the nanoscale to perform the core calculations that drive artificial intelligence.

 

Properties of the technology that make it especially well-suited for space and defense applications include:

 

Holds data without power. The chip retains computational results even when powered off, intended to eliminate data loss during satellite power cycles and eclipse periods.

 

Extremely low energy use. The design targets dramatically lower energy per calculation than conventional AI chips, intended to address the severe power limits of small satellites and deep-space platforms.

 

Very small footprint. Each compute cell occupies only a tiny fraction of the area of a conventional chip element, supporting the strict mass and volume constraints of nanosatellite payloads.

 

Built for edge AI. Computing on the device itself reduces dependence on ground-link bandwidth and limits exposure to interception or jamming — increasingly valued by defense and national security customers.

 

 

Rocket One’s Strategic Aperture

 

Building on the previously disclosed formation of its space subsidiary, now Rocket One.0 Inc., Rocket One intends to pursue three converging opportunities: (i) AI chip and memory hardware engineered for orbital and high-radiation environments; (ii) nano-launch and nanosatellite enablement; and (iii) defense and national security applications where radiation tolerance, energy efficiency, and on-device intelligence intersect. The Company believes these markets are mutually reinforcing and that its licensed nanomagnetic chip platform offers a differentiated entry point into each.

 

What Stockholders Should Know

 

New Corporate Name: Rocket One Inc.

 

New Ticker Symbol: RKTO (Nasdaq Capital Market)

 

Former Ticker Symbol: HOTH (Nasdaq Capital Market)

 

Effective Date of Name Change: May 26, 2026

 

Effective Date of Ticker Symbol Change: May 28, 2026

 

CUSIP: 44148G204 (no change)

 

Corporate Website: www.rocketone.space

 

Management Commentary

 

“Space is moving from a launch story to a compute story. We believe that the platforms that will define the next decade in orbit will be the ones that can think for themselves under power and radiation constraints that ground-based hardware was never designed to handle. The rebrand to Rocket One reflects where we are positioning this Company,” said Robb Knie, Chief Executive Officer. Knie continued, “Our exclusive licenses give us a credible technical foundation, and the RKTO ticker is a signal to investors, partners, and customers that our focus is now on the orbital economy.”

 

About Rocket One Inc.

 

Rocket One Inc. (formerly Hoth Therapeutics, Inc.) is focused on developing and commercializing infrastructure for the orbital economy, including next-generation nanomagnetic AI chip technology designed for radiation-tolerant, energy-constrained environments such as low-Earth orbit, deep-space platforms, and defense systems. The Company holds exclusive rights to certain technologies, including a nanomagnetic matrix multiplier architecture intended as a hardware accelerator for machine learning and AI workloads, and related magnetic memory technology with potential applications in radiation-tolerant computing for defense and space systems. The Company is also positioned to pursue opportunities in nano-launch systems and nanosatellite deployment. The Company’s biotechnology pipeline, including, but not limited to, HT-001, HT-KIT, HT-ALZ, and its GDNF-based metabolic program, will continue to be advanced under a wholly owned subsidiary.

 

2

 

Forward-Looking Statements

 

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, statements regarding the Company’s strategic repositioning, the development potential of the licensed technologies, the suitability of those technologies for orbital, defense, and other applications, anticipated future operations and market opportunities. You should not place reliance on these forward-looking statements, which include words such as “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” or similar terms, variations of such terms, or the negative of those terms. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These forward-looking statements are based on the Company’s current expectations and assumptions and are subject to numerous risks and uncertainties, including, without limitation: the early-stage nature of the licensed technologies, which have not been fabricated as integrated devices, validated in space environments, or qualified for any commercial or government program, and the absence of any commercial product; the substantial additional capital the Company will require to fabricate, test, and qualify the licensed technologies, including for radiation tolerance and space deployment; the long development timelines associated with novel semiconductor and materials platforms; competition from larger, better-funded and well recognized companies in the semiconductor, AI hardware, space, and defense computing sectors; the Company’s ability to recruit qualified leadership and technical personnel in nanomagnetic devices, semiconductor engineering, and aerospace systems; the Company’s ability to comply with diligence milestones under the Virginia Commonwealth University license agreements, the failure of which could result in loss of license rights; intellectual property risks; export control and government contracting risks associated with defense and space applications; and the risks inherent in a strategic pivot. Additional risk factors are described in the Company’s filings with the Securities and Exchange Commission (“SEC”) including the Company’s most recent Annual Report on Form 10-K and the Company’s other filings made with the SEC. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee such outcomes. The Company may not realize its expectations, and its beliefs may not prove correct. All such statements speak only as of the date made. Consequently, forward-looking statements should be regarded solely as the Company’s current plans, estimates, and beliefs. Investors should not place undue reliance on forward-looking statements. The Company cannot guarantee future results, events, levels of activity, performance, or achievements. The Company does not undertake and specifically declines any obligation to update, republish, or revise any forward-looking statements to reflect new information, future events, or circumstances or to reflect the occurrences of unanticipated events, except as may be required by applicable law.

 

Investor Contact

 

LR Advisors LLC

Email: investorrelations@rocketone.space

Phone: (678) 570-6791

www.rocketone.space

 

3

FAQ

What corporate change did HOTH (now Rocket One Inc.) announce in this 8-K?

The company legally changed its name from Hoth Therapeutics, Inc. to Rocket One Inc. effective May 26, 2026. This reflects a strategic repositioning toward space-focused technologies while keeping existing biotechnology programs in a wholly owned subsidiary.

When will Rocket One Inc. shares start trading under the new ticker RKTO?

Rocket One’s common stock will begin trading on The Nasdaq Capital Market under ticker RKTO on May 28, 2026. Trading under the prior symbol “HOTH” will cease at the close of trading on May 27, 2026.

Does the Rocket One Inc. name and symbol change affect shareholder rights?

The company states that neither the name change nor the symbol change affects shareholder rights. Existing holders do not need to take any action, and the CUSIP number for the common stock remains unchanged at 44148G204.

What new strategic focus does Rocket One Inc. describe for its business?

Rocket One describes a focus on the orbital economy, including nanomagnetic AI chip technology for ultra-low-power, radiation-tolerant computing in space and defense. It also mentions potential opportunities in nano-launch systems and nanosatellite deployment platforms.

What happens to HOTH’s existing biotechnology programs after the pivot to Rocket One Inc.?

The filing states that the company’s biotechnology pipeline, including programs such as HT-001, HT-KIT, HT-ALZ and its GDNF-based metabolic program, will continue to be advanced under a wholly owned subsidiary called Rocket One.0 Inc.

What key risks does Rocket One Inc. highlight about its new space and AI chip strategy?

Disclosed risks include the early-stage nature of the licensed technologies, no current commercial product, substantial additional capital needs, long semiconductor development timelines, strong competition, talent recruitment challenges, and potential license, intellectual property, export control, and government contracting risks.

Filing Exhibits & Attachments

5 documents