Helios and Matheson Analytics Inc (HMNY)

[Moeclay]

"Failure to File Form 8-K
If a company is required to file a Form 8-K after an event and it doesn't do so, it can face penalties from the SEC. These can be monetary penalties or even the delisting of the company's stock. As a result, many companies err on the side of caution when it comes to filing Form 8-K.

Companies that don't disclose information to shareholders can also face allegations of securities fraud or lawsuits from investors saying they were misled into buying or holding the company stock."

https://finance.zacks.com/stock-effect-filing-form-8k-11036.html