Mobile Global Esports, Inc. (MGAM): Nasdaq/NYSE listing notice — Nasdaq warns Mobile Global Esports of delisting for missing annual meeting; CFO resigns
Mobile Global Esports, Inc.
Nasdaq letter on Jan 10, 2024: company lacks annual meeting within 12 months of fiscal year-end.
Company has 45 days to submit a plan; Nasdaq can grant exception until June 28, 2024.
CFO Kiki Benson resigned Jan 11, 2024, effective immediately; will remain as consultant.
Board appointed Mark J. Keeley as CFO on consultancy basis; former PwC Partner with 35+ years experience.
Mobile Global Esports, Inc. received a nasdaq deficiency notice notice regarding other.
Exchange
nasdaq
Notice
deficiency notice
Exact text from the filing
January 10, 2024, the Nasdaq Stock Market, LLC (“Nasdaq”) issued a letter to Mobile Global Esports, Inc. (the “Company”) that since the Company has not held an annual meeting of shareholders within twelve months of the end of the Company’s fiscal year end, it no longer complies with Nasdaq’s Listing Rules (the “Rules”). Under the Rules, the Company now has 45 calendar days to submit a plan to regain compliance and, if accepted, Nasdaq can grant an exception of up to 180 calendar days form the fiscal year end, or until June 28, 2024, to regain compliance. The Company plans to timely submit a pl
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