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On January 23, 2024, RiskOn International, Inc., headquartered in San Antonio, Texas, received a notice from The Nasdaq Stock Market LLC indicating non-compliance with Nasdaq's independent director requirement. The issue arose after the appointment of Milton C. Ault, III to the company's board on January 4, 2024, resulting in only three of the six directors being classified as independent. Nasdaq Listing Rule 5605 mandates a majority of independent directors on a company's board. RiskOn International has been granted a cure period to resolve this issue, which lasts until the next annual shareholders' meeting or January 6, 2025, whichever comes first, or by July 2, 2024, if the shareholders' meeting occurs before that date. The company plans to appoint additional independent directors before the cure period expires. This notice does not currently affect the trading of RiskOn International's common stock on The Nasdaq Capital Market.
On January 23, 2024, RiskOn International, Inc., headquartered in San Antonio, Texas, received a notice from The Nasdaq Stock Market LLC indicating non-compliance with Nasdaq's independent director requirement. The issue arose after the appointment of Milton C. Ault, III to the company's board on January 4, 2024, resulting in only three of the six directors being classified as independent. Nasdaq Listing Rule 5605 mandates a majority of independent directors on a company's board. RiskOn International has been granted a cure period to resolve this issue, which lasts until the next annual shareholders' meeting or January 6, 2025, whichever comes first, or by July 2, 2024, if the shareholders' meeting occurs before that date. The company plans to appoint additional independent directors before the cure period expires. This notice does not currently affect the trading of RiskOn International's common stock on The Nasdaq Capital Market.
2024 年 1 月 23 日，总部位于德克萨斯州圣安东尼奥的 RiskON International, Inc. 收到纳斯达克股票市场有限责任公司的通知，表示未遵守纳斯达克的独立董事要求。这个问题是在2024年1月4日任命米尔顿·奥尔特三世为公司董事会成员之后出现的，导致六名董事中只有三名被归类为独立董事。《纳斯达克上市规则》第5605条规定公司董事会中的大多数独立董事。RiskON International已获得解决该问题的补救期，该补救期将持续到下一次年度股东大会或2025年1月6日（以较早者为准）；如果股东大会在该日期之前举行，则在2024年7月2日之前。该公司计划在治愈期到期之前任命更多的独立董事。该通知目前不影响RiskON International普通股在纳斯达克资本市场上的交易。
2024 年 1 月 23 日，总部位于德克萨斯州圣安东尼奥的 RiskON International, Inc. 收到纳斯达克股票市场有限责任公司的通知，表示未遵守纳斯达克的独立董事要求。这个问题是在2024年1月4日任命米尔顿·奥尔特三世为公司董事会成员之后出现的，导致六名董事中只有三名被归类为独立董事。《纳斯达克上市规则》第5605条规定公司董事会中的大多数独立董事。RiskON International已获得解决该问题的补救期，该补救期将持续到下一次年度股东大会或2025年1月6日（以较早者为准）；如果股东大会在该日期之前举行，则在2024年7月2日之前。该公司计划在治愈期到期之前任命更多的独立董事。该通知目前不影响RiskON International普通股在纳斯达克资本市场上的交易。
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