Sep. 10 at 8:30 AM
$NITO 8K
My read
Short term: Likely still vulnerable. The RS will pop the price up (mechanically), but without fresh bullish news, it’s prone to being shorted again.
Medium term: Needs a real project milestone (construction, contracts, JV, or government support) to force shorts to cover.
Right now: No, the 8-K news by itself doesn’t look like the kind of catalyst that changes the game. It’s more “business as usual + RS compliance.
https://www.sec.gov/Archives/edgar/data/1789192/000149315225012904/form8-k.htm