---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-074945"
form_type: "8-K"
ticker: null
cik: "0001830392"
company_name: "Pontem Corp"
filed_at: "2022-11-23T23:59:59+00:00"
generated_at: "2026-06-21T13:33:53.980829+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Pontem Corp loses independent director majority; NYSE gives until Nov 29 to cure

## Summary
- Resignation of director Erik Olsson on Nov 10, 2022 left Board non-compliant with NYSE independent director and audit committee requirements.
- NYSE notice gives Pontem until Nov 29, 2022 to restore compliance before being deemed noncompliant.
- No immediate effect on NYSE listing; Board searching for at least one new independent director.

## SEC filing metadata
- accession: 0001213900-22-074945
- form_type: 8-K
- cik: 0001830392
- company_name: Pontem Corp
- filed_at: 2022-11-23T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1830392/000121390022074945/0001213900-22-074945-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1830392/000121390022074945/ea169229-8k_pontem.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-074945
- JSON: https://secwatch.observer/filing/0001213900-22-074945.json
- Plain text: https://secwatch.observer/filing/0001213900-22-074945.txt

## Key facts
- Listing & Compliance Notices
  Pontem Corp received a nyse deficiency notice notice regarding audit committee (rules 303A.07(a)).
  - Exchange: nyse
  - Notice: deficiency notice
  - Deficiency: audit committee
  - Rules: 303A.07(a)
  source text: November 21, 2022, Pontem Corporation (the “Company”) notified the New York Stock Exchange (the “NYSE”) that the Company no longer had a majority of independent directors as required by Section 303A.01 of the NYSE Listed Company Manual and that the Company no longer had three directors on its Audit Committee as required by Section 303A.07(a) of the NYSE Listed Company Manual. The Company was not in compliance as the result of the resignation of Erik Olsson from the Company’s Board of Directors on November 10, 2022. On November 21, 2022, the Company received written notice from the NYSE that th
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830392/000121390022074945/0001213900-22-074945-index.htm
- Listing & Compliance Notices
  Pontem Corp received a nyse deficiency notice notice regarding board independence (rules 303A.01).
  - Exchange: nyse
  - Notice: deficiency notice
  - Deficiency: board independence
  - Rules: 303A.01
  source text: November 21, 2022, Pontem Corporation (the “Company”) notified the New York Stock Exchange (the “NYSE”) that the Company no longer had a majority of independent directors as required by Section 303A.01 of the NYSE Listed Company Manual and that the Company no longer had three directors on its Audit Committee as required by Section 303A.07(a) of the NYSE Listed Company Manual. The Company was not in compliance as the result of the resignation of Erik Olsson from the Company’s Board of Directors on November 10, 2022. On November 21, 2022, the Company received written notice from the NYSE that th
  evidence_url: https://www.sec.gov/Archives/edgar/data/1830392/000121390022074945/0001213900-22-074945-index.htm

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