ARCBEST CORP /DE/ (ARCB): Nasdaq/NYSE listing notice — ArcBest self-reports audit committee non-compliance; Nasdaq confirms compliance regained after director resignation

ARCBEST CORP /DE/

Fredrik J. Eliasson resigned from Audit Committee after his brother-in-law was a partner at the company's outside auditor for FY2024.
The brother-in-law never worked on ArcBest's audit or performed any services for the company.
ArcBest self-reported the non-compliance with Nasdaq Listing Rule 5605(c)(2)(A) upon discovery.
Nasdaq determined compliance is regained subject to this 8-K filing, closing the matter.

Key facts

Extracted from this filing and checked against the source text.

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

ARCBEST CORP /DE/ received a nasdaq compliance regained notice regarding audit committee (rules 5605(c)(2)(A), 5605(a)(2)(F)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: audit committee
Rules: 5605(c)(2)(A), 5605(a)(2)(F)

Exact text from the filing

March 3, 2025, ArcBest Corporation (the “Company”) received a notice from the staff of the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market (“Nasdaq”) after the Company discovered and self-reported that it did not fully comply with the audit committee composition requirements set forth in Nasdaq Listing Rule 5605(c)(2)(A). The non-compliance was a result of Fredrik J. Eliasson, a member of the Audit Committee, not qualifying as independent pursuant to Nasdaq Listing Rule 5605(a)(2)(F) due to his brother-in-law serving as a partner of the Company’s outside auditor for

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Source: SEC EDGAR

accession 0001558370-25-002498

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