---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-037587"
form_type: "8-K"
ticker: "DWSN"
cik: "0000799165"
company_name: "DAWSON GEOPHYSICAL CO"
filed_at: "2022-03-25T23:59:59+00:00"
generated_at: "2026-06-26T17:52:37.331921+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Dawson Geophysical fails Nasdaq audit committee rule after two director resignations

## Summary
- Directors Ted R. North and Mark A. Vander Ploeg resigned effective March 23, 2022, not due to disagreement.
- Audit committee now lacks three independent directors, violating Nasdaq Rule 5605(c)(2)(A).
- Cure period expires at earlier of next annual meeting or March 22, 2023; Board plans to appoint new independent directors.
- Company notified Nasdaq of non-compliance on March 24, 2022.

## SEC filing metadata
- accession: 0001104659-22-037587
- form_type: 8-K
- ticker: DWSN
- cik: 0000799165
- company_name: DAWSON GEOPHYSICAL CO
- filed_at: 2022-03-25T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01, 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799165/000110465922037587/0001104659-22-037587-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799165/000110465922037587/tm2210387d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-037587
- JSON: https://secwatch.observer/filing/0001104659-22-037587.json
- Plain text: https://secwatch.observer/filing/0001104659-22-037587.txt

## Key facts
- Executive change
  Mark A. Vander Ploeg resigned as Director at DAWSON GEOPHYSICAL CO.
  - Action: resigned
  - Role: Director
  source text: On March 22, 2022, each of Ted R. North and Mark A. Vander Ploeg informed the Company of his intention to resign from the board of directors of the Company, effective as of March 23, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/799165/000110465922037587/0001104659-22-037587-index.htm
- Executive change
  Ted R. North resigned as Director at DAWSON GEOPHYSICAL CO.
  - Action: resigned
  - Role: Director
  source text: On March 22, 2022, each of Ted R. North and Mark A. Vander Ploeg informed the Company of his intention to resign from the board of directors of the Company, effective as of March 23, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/799165/000110465922037587/0001104659-22-037587-index.htm

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