---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-088892"
form_type: "8-K"
ticker: "ABTC"
cik: "0001755953"
company_name: "American Bitcoin Corp."
filed_at: "2023-11-21T23:59:59+00:00"
generated_at: "2026-06-07T22:45:42.441654+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Akerna receives Nasdaq delisting notice over board independence rules after director resignation

## Summary
- Director Barry Fishman resigned on Nov 15, 2023, not due to any disagreement with company.
- Nasdaq notified Akerna on Nov 20 that board lacks majority independent directors and audit committee has only two independents.
- Cure period extends until earlier of next annual shareholders' meeting or Nov 15, 2024; if meeting before May 13, 2024, compliance by May 13, 2024.
- Notice has no immediate effect on listing of KERN common stock or KERNW warrants on Nasdaq Capital Market.

## SEC filing metadata
- accession: 0001213900-23-088892
- form_type: 8-K
- ticker: ABTC
- cik: 0001755953
- company_name: American Bitcoin Corp.
- filed_at: 2023-11-21T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1755953/000121390023088892/0001213900-23-088892-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1755953/000121390023088892/ea188686-8k425_akerna.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-088892
- JSON: https://secwatch.observer/filing/0001213900-23-088892.json
- Plain text: https://secwatch.observer/filing/0001213900-23-088892.txt

## Key facts
- Listing & Compliance Notices
  American Bitcoin Corp. received a nasdaq noncompliance notice notice regarding other.
  - Exchange: nasdaq
  - Notice: noncompliance notice
  source text: received a notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) stating that the resignation of Barry Fishman from the Company’s Board of Directors (the “Board”) (as described in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755953/000121390023088892/0001213900-23-088892-index.htm
- Executive change
  Barry Fishman resigned as director at American Bitcoin Corp..
  - Action: resigned
  - Role: director
  source text: On November 15, 2023, Mr. Barry Fishman resigned as a director of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1755953/000121390023088892/0001213900-23-088892-index.htm

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