C-bond Systems, INC

C-Bond Systems terminates its non-binding term sheet to acquire Gummy USA's assets due to insufficient due diligence and funding source withdrawal, raising concerns about the timely filing of its annual report.

C-Bond Systems settles outstanding debts by transferring assets, including membership interests in subsidiaries and patents, to Badcer Ops, Inc., while redeeming preferred and common shares from various parties.

C-Bond Systems has entered into a securities purchase agreement and secured a $127,693 promissory note from 1800 Diagonal Lending, with potential conversion to common stock upon default.

C-Bond Systems has entered into a financing agreement, securing $157,000 through a promissory note with potential conversion to common stock upon default.

C-Bond Systems experienced a revenue increase in Q3 2024 compared to the same period last year, but also reported a net loss and ongoing concerns about its ability to continue as a going concern.

C-Bond Systems saw a significant increase in revenue for the quarter ended June 30, 2024, but ongoing losses and a working capital deficit raise concerns about its ability to continue as a going concern.

C-Bond Systems saw an 81.8% increase in revenue in Q1 2024 compared to Q1 2023, but ongoing losses and a working capital deficit raise concerns about its ability to continue as a going concern.

C-Bond Systems, Inc. reports a net income of $1.88 million for 2023, primarily driven by a gain from the sale of its nanoShield product line, while also highlighting ongoing concerns about its ability to continue as a going concern.

Scott R. Silverman, CEO of C-Bond Systems, returned 197 shares of Series B Preferred Stock to the company on May 20, 2024, in compliance with an SEC order issued on May 8, 2024.