NEXTNRG, INC. received a nasdaq noncompliance notice notice regarding board independence (rules 5605).
Exchange
nasdaq
Notice
noncompliance notice
Deficiency
board independence
Rules
5605
Exact text from the filing
August 8, 2023, the Company received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, due to the previously disclosed resignations of Allen Weiss, Luis Reyes, Mark Lev, and Jack Levine from the Company’s Board of Directors (the “Board”), the Company, effective July 28, 2023, is not in compliance with Nasdaq’s majority independent board and independent audit, compensation, and nominating committee requirements as set forth in Listing Rule 5605. The Company will have until September 22, 2023 to submit a plan
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