---
schema_version: "secwatch.filing_event.v1"
accession: "0001422930-22-000002"
form_type: "8-K"
ticker: "PUBM"
cik: "0001422930"
company_name: "PubMatic, Inc."
filed_at: "2022-01-03T23:59:59+00:00"
generated_at: "2026-06-27T21:19:51.867391+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# PubMatic board member Narendra Gupta dies; audit committee now non-compliant with Nasdaq rule

## Summary
- Director Narendra Gupta passed away on December 25, 2021; he served on Audit and Nominating committees.
- Due to his death, the Audit Committee has fewer than three independent members, violating Nasdaq Listing Rule 5605(c)(2)(A).
- Nasdaq granted a cure period ending at the earlier of the 2022 annual meeting or December 25, 2022.
- Company plans to appoint an additional independent director to the Audit Committee during the cure period.
- PubMatic received a letter from Nasdaq on December 29, 2021 confirming noncompliance and the cure terms.

## SEC filing metadata
- accession: 0001422930-22-000002
- form_type: 8-K
- ticker: PUBM
- cik: 0001422930
- company_name: PubMatic, Inc.
- filed_at: 2022-01-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 3.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1422930/000142293022000002/0001422930-22-000002-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1422930/000142293022000002/pubm-20211227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001422930-22-000002
- JSON: https://secwatch.observer/filing/0001422930-22-000002.json
- Plain text: https://secwatch.observer/filing/0001422930-22-000002.txt

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