Summary by Futu AI
RiskOn International, Inc., previously listed on the Nasdaq Stock Market LLC, is set to be removed from listing effective June 13, 2024. The delisting process began when Nasdaq Staff determined that the company no longer met the listing requirements under Listing Rule 5550(b), with the initial notification sent to the company on December 1, 2023. Following a hearing request by RiskOn International on December 8, 2023, and subsequent delist letters and determinations, the company's securities were suspended on February 28, 2024. Despite an appeal to a Nasdaq Panel, the decision to deny the company's request to remain listed was upheld on April 12, 2024. With no further appeal to the Nasdaq Listing and Hearing Review Council, the delisting became final on May 28, 2024.