secwatch.observer — SEC 8-K summary
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Issuer:     Iris Acquisition Corp (—)
CIK:        0001831874
Form:       8-K
Filed at:   2022-12-28T23:59:59+00:00
Accession:  0001104659-22-130563
Event type: regulatory
Sentiment:  negative
Materiality: 0.60
Item codes: 3.01, 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Iris Acquisition Corp receives Nasdaq noncompliance notice for audit committee after director resignation
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- Resignation of Duriya Farooqui from Board on Dec 20, 2022 triggered audit committee deficiency under Nasdaq Rule 5605(c)(2)(A).
- Audit Committee now has fewer than three independent members; Nasdaq provided cure period until next annual meeting or Dec 15, 2023.
- If annual meeting before June 13, 2023, compliance must be shown by June 13, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1831874/000110465922130563/0001104659-22-130563-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1831874/000110465922130563/tm2233648d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-130563

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