regulatory
confidence high
sentiment negative
materiality 0.50
Rimini Street receives Nasdaq non-compliance notice for audit committee vacancy
Rimini Street, Inc.
- Nasdaq notified Rimini Street on Sept. 5, 2024, that it lacks a three-member audit committee due to Katrinka McCallum's resignation Aug. 2, 2024.
- Cure period runs until the earlier of next annual meeting or Aug. 2, 2025; if meeting before Jan. 29, 2025, compliance due by Jan. 29, 2025.
- Company intends to fill the audit committee vacancy and regain compliance within the cure period.