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N2OFF Plunges 22.94% Amid Financial Struggles
Generated by AI AgentAinvest Movers Radar
Tuesday, May 6, 2025 4:12 am ET1min read
On May 6, 2025,
experienced a significant drop of 22.94% in pre-market trading, reflecting a notable decline in investor sentiment.N2OFF, a Web 3 digital commerce platform, aims to connect consumers, businesses, and governments in the digital economy. The company provides tools and platforms to simplify complex technologies like blockchain, similar to how previous e-commerce and cloud companies packaged their services. N2OFF's goal is to offer ready-built tools for seamless participation in the digital economy, utilizing a patent-pending decentralized technology stack.
Recent regulatory filings by N2OFF include several Form 8-K and Form DEF 14C submissions, indicating ongoing corporate updates and information statements. These filings suggest that the company is actively managing its regulatory requirements and providing necessary disclosures to investors. The latest annual turnover for N2OFF is USD 1.01M, while the annual profit stands at USD -4.02M, indicating a challenging financial landscape for the company.
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