RiceBran Technologies: Nasdaq/NYSE listing notice — RiceBran Technologies receives Nasdaq delisting notice over audit committee composition

RiceBran Technologies

Notice received July 10, 2023 due to Jean M. Heggie's resignation from Board on June 15.
Audit Committee now has only two independent directors; one vacancy exists.
Company has cure period until earlier of next annual meeting or June 12, 2024.
If annual meeting is before Dec 11, 2023, compliance must be shown by Dec 11, 2023.
Board is actively seeking an independent director to fill the vacancy.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

RiceBran Technologies received a nasdaq deficiency notice notice regarding audit committee (rules 5605, 5605(a)(2), 5605(c)(4)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: audit committee
Rules: 5605, 5605(a)(2), 5605(c)(4)

Exact text from the filing

July 10, 2023, RiceBran Technologies (the “Company”) received a notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, due to Jean M. Heggie’s previously disclosed resignation from the Company’s Board of Directors (the “Board”), the Company is not in compliance with Nasdaq’s audit committee composition requirements, as set forth in Nasdaq Listing Rule 5605, which requires that the Audit Committee of the Board (the “Audit Committee”) be comprised of at least three “independent directors” (as defined in

View on SEC.gov

Browse all listing & compliance notices →

Source: SEC EDGAR

accession 0001437749-23-019960

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.