Does NASDAQ require notification when a company no longer complies with the corporate governance requirements as set forth in the Rule 5600 Series?
Yes. As set forth in Listing Rule 5625, a company must provide NASDAQ with prompt notification after an executive officer of the company becomes aware of any noncompliance by the company with the requirements of the Rule 5600 Series, which relates to corporate governance. The company should provide this notification to its Listing Qualifications Analyst.
Related Questions
- What notification is required to be given to NASDAQ if a company no longer complies with the audit committee composition requirement of Listing Rule 5605(c)(2)(A)?
- What notification is required to be given to NASDAQ if a company no longer complies with the independent director requirement of Listing Rule 5605(b)(1)?
- What notification is required to be given to NASDAQ if a company no longer complies with the audit committee requirement of Listing Rule 5605(c)(2)?
