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)?
Listing Rule 5625 requires that a company provide NASDAQ with “prompt notification” after an executive officer of the company becomes aware of any material noncompliance by the company with the requirements of Rule 5600. In addition, the listing agreement that all NASDAQ listed companies have signed requires a company to “promptly notify NASDAQ in writing of any corporate action or other event which will cause the company to cease to be in compliance with NASDAQ listing requirements”.
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)?
