Near Intelligence, Inc. NIR (last ticker on record)

CIK 1826671Its SEC filings (opens in a new tab)

Restatement
Restructuring
95% wipeout
Delisting notice (not a red flag)
Bankruptcy
SEC/DOJ scrutiny

These figures describe clients, not conduct. A lawyer or firm can serve many companies that later had trouble for reasons that have nothing to do with their work, and nothing here says any lawyer or firm did anything wrong.

Red flags: 5; Newest began Mar 2024
Largest fall in its shares: 99%; Mar 2023 to Dec 2023
Law firms: 9; Linked to 5 or more companies
Lawyers: 10; Linked to 5 or more companies

What happened

Mar 27, 2024Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Mar 27, 2024A filing mentions an SEC subpoenaForm 8-K (opens in a new tab)
Dec 11, 2023Bankruptcy or receivership (Item 1.03)Form 8-K (opens in a new tab)
Dec 11, 2023Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Dec 11, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 21, 2023Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Nov 21, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Nov 9, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Oct 5, 2023Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Sep 22, 2023Delisting notice (Item 3.01)Form 8-K (opens in a new tab)
Aug 9, 2023Shares down 95% from their high
May 15, 2023Debt accelerated (Item 2.04)Form 8-K (opens in a new tab)
Apr 11, 2022Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)
Dec 2, 2021Said its accounts could not be relied on (Item 4.02)Form 8-K (opens in a new tab)

An SEC release can name a company’s officer, or its stock as what a scheme sold or moved, so the company may be the victim. Each link goes to what to read.

Law firms

The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.

Law firms linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Willkie Farr	Apr 2023	Named in a filing	539	1.23	0.40	0.84
Haynes and Boone	Jul 2022	Named in SEC correspondence	353	1.03	0.56	0.84
Ellenoff Grossman & Schole LLP	Oct 2020	Named in SEC correspondence	963	0.96	1.12	1.21
White & Case	Oct 2020	Named in SEC correspondence	907	1.04	0.33	0.91
Latham & Watkins LLP	Nov 2022	Text search only	2,667	0.98	0.31	1.10
Richards, Layton & Finger, P.A.	Nov 2022	Text search only	995	1.46	0.37	0.80
Sidley Austin	Nov 2022	Text search only	1,210	1.30	0.14	0.93
King & Spalding	Sep 2022	Text search only	426	1.28	0.35	1.04
Bird & Bird	Jul 2022	Text search only	46	1.82	0.00	1.34

Lawyers

The ratios are about all the companies linked to each one, this one included: how many had that outcome, as a multiple of what comparable companies show. 1.00 means no more than expected.

Lawyers linked to this company
Name	First linked	How it is known	Linked companies	SEC/DOJ scrutiny	Went dark	95% wipeout
Thomas MarkWillkie Farr	Mar 2024	Named in a filing	6	1.64	0.00	1.31
Benjamin S. ReichelEllenoff Grossman & Schole LLP	Jul 2022	Named in a filing	48	1.34	0.37	1.69
Douglas S. EllenoffEllenoff Grossman & Schole LLP	Dec 2020	Named in a filing	338	0.95	0.66	0.95
Stuart NeuhauserEllenoff Grossman & Schole LLP	Oct 2020	Named in a filing	416	0.78	0.42	1.04
Tamar DonikyanEllenoff Grossman & Schole LLP	Oct 2020	Named in a filing	48	1.07	0.96	1.01
Bruce NewsomeHaynes and Boone	Apr 2023	Text search only	18	0.67	0.00	1.22
Joshua DuClosSidley Austin	Nov 2022	Text search only	8	1.60	0.00	1.93
Alla DigilovaHaynes and Boone	Jul 2022	Text search only	36	1.06	0.00	0.41
Joseph Raymond CaseyKirkland & Ellis	Jul 2022	Text search only	7	5.65	—	1.19
Matthew A. GrayEllenoff Grossman & Schole LLP	Jul 2022	Text search only	42	1.43	0.00	1.45