---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-019960"
form_type: "8-K"
ticker: null
cik: "0001063537"
company_name: "RiceBran Technologies"
filed_at: "2023-07-14T23:59:59+00:00"
generated_at: "2026-06-13T08:03:04.712670+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# RiceBran Technologies receives Nasdaq delisting notice over audit committee composition

## Summary
- 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.

## SEC filing metadata
- accession: 0001437749-23-019960
- form_type: 8-K
- cik: 0001063537
- company_name: RiceBran Technologies
- filed_at: 2023-07-14T23:59:59+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/1063537/000143774923019960/0001437749-23-019960-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1063537/000143774923019960/ribt20230714_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-019960
- JSON: https://secwatch.observer/filing/0001437749-23-019960.json
- Plain text: https://secwatch.observer/filing/0001437749-23-019960.txt

## Key facts
- Listing & Compliance Notices
  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)
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1063537/000143774923019960/0001437749-23-019960-index.htm

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