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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
Date
of Report (Date of Earliest Event Reported): December 19, 2023
INTELLIGENT
BIO SOLUTIONS INC.
(Exact
name of registrant as specified in its charter)
Delaware |
|
001-39825 |
|
82-1512711 |
(State
of Incorporation) |
|
(Commission
File Number) |
|
(IRS
employer identification no.) |
142
West, 57th Street, 11th Floor
New
York, NY 10019
(Address
of principal executive offices, including zip code)
Registrant’s
telephone number, including area code: (646) 828-8258
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Common
Stock, $0.01 par value |
|
INBS |
|
The
Nasdaq Stock Market LLC |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item
8.01 Other Events.
On
December 19, 2023, Intelligent Bio Solutions Inc. (the
“Company”) issued a press release (the “Press Release”) announcing that the Company has received National Association
of Testing Authorities (NATA) accreditation for its Intelligent Fingerprinting Drug Screening Solution.
A
copy of the Press Release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The foregoing disclosure is qualified
in its entirety by the full text of the Press Release.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
Date:
December 21, 2023 |
|
|
|
INTELLIGENT
BIO SOLUTIONS INC. |
|
|
|
|
By:
|
/s/
Spiro Sakiris |
|
Name:
|
Spiro
Sakiris |
|
Title: |
Chief
Financial Officer |
Exhibit
99.1
PRESS
RELEASE
Intelligent
Bio Solutions Receives NATA Accreditation for its
Revolutionary
Fingerprint Sweat Drug Screening System
NEW
YORK, December 19, 2023 — Intelligent Bio Solutions Inc. (“INBS” or the “Company”) (Nasdaq:
INBS), a medical technology company delivering intelligent, rapid, non-invasive testing solutions, today announced that it has received
National Association of Testing Authorities (NATA) accreditation for its Intelligent Fingerprinting Drug Screening Solution.
NATA
accreditation is acknowledged nationally and internationally, and provides a means of recognizing, determining, and promoting the capability
of organizations engaged in specific technical and scientific activities. NATA’s accreditation follows a rigorous process that
meets ISO Standards, and applications for accreditation are reviewed by an expert panel, the Accreditation Advisory Committee (AAC),
before an organization is awarded its accreditation. Aligning with relevant international standards and addressing compliance, quality
and risk elements, NATA accreditation supports the Company’s business operations and market presence. The globally recognized accreditation
presents broad opportunities to INBS, which can provide an alternative drug screening solution to large corporations with stringent drug
and alcohol testing policies.
Harry
Simeonidis, President and CEO of Intelligent Bio Solutions, said, “Receiving NATA accreditation is a huge accomplishment for the
Company and is the result of the determination and dedication of the team. This opens doors for us nationally and internationally and
underscores our commitment to upholding the highest standards in the development and delivery of our Intelligent Fingerprinting Drug
Screening System.”
The
accreditation serves as an independent benchmark for technical validation, demonstrating the Company’s commitment to product quality,
safety, and reliability for its customers. This achievement positions INBS as a trusted and reliable partner, catering to the evolving
compliance and safety needs of organizations across Asia-Pacific and beyond.
About
Intelligent Bio Solutions Inc.
Intelligent
Bio Solutions Inc. (NASDAQ: INBS) is a medical technology company delivering innovative, rapid, non-invasive testing solutions. The Company
believes that its Intelligent Fingerprinting Drug Screening System will revolutionize portable testing through fingerprint sweat analysis,
which has the potential for broader applications in additional fields. Designed as a hygienic and cost-effective system, the test screens
for recent use of drugs commonly found in the workplace, including opiates, cocaine, methamphetamine, and cannabis. With sample collection
in seconds and results in under ten minutes, this technology would be a valuable tool for employers in safety-critical industries. Additionally,
the Company’s biosensor platform has the potential to test for up to 130 indications, ranging from glucose to immunological conditions
and communicable diseases. The Company’s current customer segments include construction, manufacturing and engineering, transport
and logistics firms, drug treatment organizations, and coroners.
For
more information, visit: https://ibs.inc/
Forward-Looking
Statements:
Some
of the statements in this press release are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933,
Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995, which involve risks and
uncertainties. Forward-looking statements in this press release include, without limitation, Intelligent Bio Solutions Inc.’s ability
to successfully develop and commercialize its drug and diagnostic tests, realize commercial benefit from its partnerships and collaborations,
and secure regulatory approvals. Although Intelligent Bio Solutions Inc. believes that the expectations reflected in such forward-looking
statements are reasonable as of the date made, expectations may prove to have been materially different from the results expressed or
implied by such forward-looking statements. Intelligent Bio Solutions Inc. has attempted to identify forward-looking statements by terminology,
including” believes,”“ estimates,”“ anticipates,”“ expects,”“ plans,”“
projects,”“ intends,”“ potential,”“ may,”“ could,”“ might,”“
will,”“ should,”“ approximately” or other words that convey uncertainty of future events or outcomes to
identify these forward-looking statements. These statements are only predictions and involve known and unknown risks, uncertainties,
and other factors, included in Intelligent Bio Solutions’ public filings filed with the Securities and Exchange Commission. Any
forward-looking statements contained in this release speak only as of its date. Intelligent Bio Solutions undertakes no obligation to
update any forward-looking statements contained in this release to reflect events or circumstances occurring after its date or to reflect
the occurrence of unanticipated events.
Company
Contact:
Intelligent
Bio Solutions Inc.
info@ibs.inc
LinkedIn
| Twitter
Media
Contact:
Cheryl
Billson
Comma
Communications
cheryl.billson@commacomms.com
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Grafico Azioni Intelligent Bio Solutions (NASDAQ:INBS)
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