RESEARCH FRONTIERS INC (REFR): Nasdaq/NYSE listing notice — Gauzy CEO Eyal Peso joins Research Frontiers board; Nasdaq compliance cured
RESEARCH FRONTIERS INC
Eyal Peso, co-founder, chairman and CEO of Gauzy Ltd., appointed to Research Frontiers board effective June 4, 2023.
Peso also joins Audit Committee and Nominating and Corporate Governance Committee, addressing Nasdaq independent director rule.
Research Frontiers had received a Nasdaq notice on May 30, 2023, for insufficient independent audit committee members; appointment resolves deficiency.
Gauzy is a leading smart materials company; Peso brings deep industry expertise and a track record of scaling the business globally.
Research Frontiers CEO Joseph Harary says Peso's appointment enhances governance and supports strategic growth in smart glass.
RESEARCH FRONTIERS INC received a nasdaq deficiency notice notice regarding audit committee (rules 5605).
Exchange
nasdaq
Notice
deficiency notice
Deficiency
audit committee
Rules
5605
Exact text from the filing
May 30, 2023, the Company received a letter from the Nasdaq Stock Market (“Nasdaq”) noting that, in accordance with Nasdaq Listing Rule 5605, the Audit Committee of the Company was required to consist of at least three independent directors in order to satisfy applicable Nasdaq listing requirements. The Company believes that with the appointment of Mr. Peso to the Company’s Audit Committee (which is in addition to his appointment to its Nominating and Corporate Governance Committee), the Company meets the Nasdaq listing requirements as set forth in Nasdaq Listing Rule 5605. Details are noted i
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