Nano-X Shares Fall As SEC Probes Into Violation Of Securities Laws


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  • Nano-X Imaging Ltd (NASDAQ:NNOXrevealed an investigation by the U.S. Securities & Exchange Commission (SEC) into the potential violation of federal securities laws.
  • In the regulatory filing submitted with its Q3 2021 financials, Nano-X disclosed that the SEC’s Division of Enforcement notified the Company about the ongoing investigation. 
  • The Company added that it had provided the agency with necessary documents and information.
  • Meanwhile, Nano-X has also received a subpoena from the SEC for documents and information regarding the development of Nanox.ARC prototypes and the cost estimates for assembly of final Nanox.ARC product at scale.
  • Related: Nano-X Imaging Announces Two Acquisitions; Management Reshuffle.
  • Price Action: NNOX shares are down 8.20% at $19.96 during the market session on the last check Wednesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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