iCoreConnect Inc.: Nasdaq/NYSE listing notice — Nasdaq delisting notice and creditor asset auction threat for iCoreConnect

iCoreConnect Inc.

Nasdaq notified iCoreConnect of Listing Rule 5250(b)(1) and 5250(a)(1) violations on April 1, 2025.
PIGI Solutions claims $2.43M in debt and scheduled a public auction of substantially all assets on/after May 9, 2025.
iCoreConnect disputes the debt and PIGI's right to auction; filed lawsuit on April 4, 2025 in U.S. District Court.
Lawsuit seeks rescission of finder's fee agreement, injunction against auction, and monetary damages.
Panel hearing on delisting deficiencies occurred April 3, 2025.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.82

iCoreConnect Inc. received a nasdaq deficiency notice notice regarding other (rules 5250(b)(1), 5250(a)(1)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5250(b)(1), 5250(a)(1)

Exact text from the filing

March 26, 2025. In addition, the Staff determined that the Company had violated Listing Rule 5250(a)(1) due to its failure to include the disclosure in its Form 8-K dated March 26, 2025, in its hearing submission to the Nasdaq Hearings Panel (“Panel”), which was submitted on March 14, 2025. The Staff indicated that these matters would serve as an additional and separate basis for delisting and instructed the Company to present its views with the respect to these deficiencies at its Panel hearing, which occurred on April 3, 2025. On March 26, 2025, the Company filed a Form 8-K stating that on M

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Source: SEC EDGAR

accession 0001477932-25-002504

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