Home / Restatements / NEUROONE MEDICAL TECHNOLOGIES Corp

5/5NEUROONE MEDICAL TECHNOLOGIES Corp (NMTC): Non-reliance / restatement

Filed 2026-05-22 路 Form 8-K 路 Accession 0001213900-26-060600 nano

Market data

Price before filing: $3.9 (2026-05-21 close, split/dividend-adjusted)
Market cap at flag: $31.1M (2026-05-22) 路 Latest: $8.3M (2026-10-16)

What happened next

WindowNMTCSPYvs SPY
30 days-16.7%+0.5%-17.1%2026-06-22
90 days-44.9%+2.9%-47.8%2026-08-20
180 dayspendingpendinguntil 2026-11-18

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 1 insider sold $23K (5 sales); 1 insider bought $670K (1 purchase)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2026-03-01Wambeke David J.
Chief Business Officer
Purchase1,000,000$0.67$670KnoForm 4
2026-03-10Christianson Mark
Business Development Director
Sale11,611$0.80$9KnoForm 4
2026-03-11Christianson Mark
Business Development Director
Sale2,109$0.80$2KnoForm 4
2026-03-12Christianson Mark
Business Development Director
Sale817$0.80$654noForm 4
2026-03-13Christianson Mark
Business Development Director
Sale100$0.80$80noForm 4
2026-03-30Christianson Mark
Business Development Director
Sale15,363$0.74$11KnoForm 4
2026-05-22: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-02-21 to 2026-06-21. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"On May 21, 2026, the Audit Committee (the "Audit Committee") of the Board of Directors of NeuroOne Medical Technologies Corporation (the "Company"), after discussion with management, determined that the Company's previously issued interim financial statements included in the Company's Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, filed on May 12, 2026 (the "Previous Filing"), should no longer..."

Quoted from the filing. Source

What this means

The company says previously issued financial statements (or the auditor's report on them) should no longer be relied upon (8-K Item 4.02). Non-reliance on the financial statements themselves is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Scope: previously issued financial statements

Why this score: also within 90 days: Going-concern doubt

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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