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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，總部位於德克薩斯州聖安東尼奧的 RiskON International, Inc. 收到納斯達克股票市場有限責任公司的通知，表示未遵守納斯達克的獨立董事要求。這個問題是在2024年1月4日任命米爾頓·奧爾特三世爲公司董事會成員之後出現的，導致六名董事中只有三名被歸類爲獨立董事。《納斯達克上市規則》第5605條規定公司董事會中的大多數獨立董事。RiskON International已獲得解決該問題的補救期，該補救期將持續到下一次年度股東大會或2025年1月6日（以較早者爲準）；如果股東大會在該日期之前舉行，則在2024年7月2日之前。該公司計劃在治癒期到期之前任命更多的獨立董事。該通知目前不影響RiskON International普通股在納斯達克資本市場上的交易。
2024 年 1 月 23 日，總部位於德克薩斯州聖安東尼奧的 RiskON International, Inc. 收到納斯達克股票市場有限責任公司的通知，表示未遵守納斯達克的獨立董事要求。這個問題是在2024年1月4日任命米爾頓·奧爾特三世爲公司董事會成員之後出現的，導致六名董事中只有三名被歸類爲獨立董事。《納斯達克上市規則》第5605條規定公司董事會中的大多數獨立董事。RiskON International已獲得解決該問題的補救期，該補救期將持續到下一次年度股東大會或2025年1月6日（以較早者爲準）；如果股東大會在該日期之前舉行，則在2024年7月2日之前。該公司計劃在治癒期到期之前任命更多的獨立董事。該通知目前不影響RiskON International普通股在納斯達克資本市場上的交易。
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