SIMI VALLEY, CA — (Marketwired) — 11/10/17 — Monster Digital, Inc. (NASDAQ: MSDI) ("Monster" or the "Company") today announced its special meeting of stockholders held on November 9, 2017 went smoothly and all proposals were voted affirmatively and accepted. This included a proposal to adopt the Agreement and Plan of Merger and Reorganization with Innovate Biopharmaceuticals, Inc.Monster Digital develops, markets and distributes Monster branded products for use in high-pe
SIMI VALLEY, CA — (Marketwired) — 10/23/17 — Monster Digital Inc., (NASDAQ: MSDI), ("Monster Digital" or the "Company"), announced today that, as anticipated, on October 19, 2017, the Company received a letter from the Listing Qualifications Staff (the "Staff") of The NASDAQ Stock Market LLC ("Nasdaq") indicating that the Company–s non-compliance with the $2.5 million stockholders– equity requirement will serve as a basis for delisting the Company–s
SIMI VALLEY, CA — (Marketwired) — 10/13/17 — Monster Digital, Inc. ("Monster Digital" or "Monster") (NASDAQ: MSDI) announced today that it has changed the date of the Special Meeting of its Stockholders (the "Special Meeting") to Thursday November 9, 2017 at 10:00 am Pacific Time. The record date for determining those stockholders entitles to vote at the Special Meeting has not changed and will remain as the close of business on Wednesday, October 4, 2017. At th
SIMI VALLEY, CA — (Marketwired) — 09/25/17 — Monster Digital, Inc. ("Monster Digital" or the "Company") (NASDAQ: MSDI), announced that it has commenced an offer to amend certain warrants to purchase 4,421,676 shares of Monster Digital common stock originally issued by Monster Digital. Monster Digital is offering those holders of record as of September 19, 2017 (the "") who are "accredited investors" as that term is defined in Rule 501(a) promulgated u
SIMI VALLEY, CA — (Marketwired) — 09/25/17 — Monster Digital, Inc. ("Monster Digital" or the "Company") (NASDAQ: MSDI), announced that it has commenced an offer to amend certain warrants to purchase 4,421,676 shares of Monster Digital common stock originally issued by Monster Digital. Monster Digital is offering those holders of record as of September 19, 2017 (the "") who are "accredited investors" as that term is defined in Rule 501(a) promulgated un
SIMI VALLEY, CA — (Marketwired) — 08/25/17 — Monster Digital, Inc. ("Monster Digital" or "Monster") (NASDAQ: MSDI) announced today the filing with the U.S. Securities and Exchange Commission ("SEC") of Monster Digital–s preliminary proxy statement in connection with the proposed combination of Monster Digital and Innovate Biopharmaceuticals, Inc. ("Innovate").As previously announced, on July 3, 2017, Monster Digital and Innovate entered into a definit
Effects a public listing of an autoimmune biotechnology company with its first drug expected to enter Phase 3 trials in late 2017 for celiac disease with pivotal data expected by first half 2019; Ulcerative colitis phase 2 clinical trials for INN-108 expected to begin in first half 2018
SIMI VALLEY, CA — (Marketwired) — 06/20/17 — Monster Digital, Inc. (NASDAQ: MSDI), today announced that on June 15, 2017, the Company received a letter from the Nasdaq Listings Qualifications department of the Nasdaq Capital Market ("Nasdaq") notifying the Company that the minimum bid price per share for its common stock was below $1.00 for a period of thirty (30) consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listi
SIMI VALLEY, CA — (Marketwired) — 06/19/17 — Monster Digital, Inc. (NASDAQ: MSDI) ("Monster Digital"), today announced that it has entered into a non-binding letter of intent ("LOI") which contemplates a proposed reverse merger ("Merger") with Innovate Biopharmaceuticals, Inc. ("Innovate").The LOI contemplates execution of a merger agreement (the "Merger Agreement") whereby the security holders of Innovate would receive Monster Digital securi
SIMI VALLEY, CA — (Marketwired) — 06/01/17 — Monster Digital, Inc. (NASDAQ: MSDI) announced today that it has submitted its plan to Nasdaq detailing how it will regain compliance with Nasdaq continued listing requirements.On April 17, 2017, Monster Digital received a letter from Nasdaq indicating that it was no longer in compliance with the minimum stockholders– equity requirement for continued listing on the Nasdaq Capital Market. Nasdaq Listing Rule 5550(b)(1) requires listed companies to
