---
schema_version: "secwatch.filing_event.v1"
accession: "0001062993-22-015405"
form_type: "8-K"
ticker: "WTER"
cik: "0001532390"
company_name: "ALKALINE WATER Co INC"
filed_at: "2022-06-24T23:59:59+00:00"
generated_at: "2026-06-24T23:16:39.508136+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Alkaline Water receives Nasdaq delisting notice for failing independent director rule

## Summary
- Letter from Nasdaq staff on June 21, 2022 cites non-compliance with Listing Rule 5605.1.
- Cause: resignation of CEO/director Richard Wright and CEO appointment of Frank Lazaran reduced independent directors to two.
- Cure period extends until earlier of next annual meeting or June 2, 2023 (or Nov 29, 2022 if annual meeting before then).
- Company plans to regain compliance within the cure period and is actively seeking new independent directors.
- Failure to cure may result in delisting; company may appeal to a hearings panel.

## SEC filing metadata
- accession: 0001062993-22-015405
- form_type: 8-K
- ticker: WTER
- cik: 0001532390
- company_name: ALKALINE WATER Co INC
- filed_at: 2022-06-24T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1532390/000106299322015405/0001062993-22-015405-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1532390/000106299322015405/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062993-22-015405
- JSON: https://secwatch.observer/filing/0001062993-22-015405.json
- Plain text: https://secwatch.observer/filing/0001062993-22-015405.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.