regulatory
confidence high
sentiment negative
materiality 0.70
Equus Total Return loses Chairman Robert L. Knauss; NYSE issues delisting warning for board independence
EQUUS TOTAL RETURN, INC.
- Chairman Robert L. Knauss passed away on November 1, 2024.
- NYSE notified Equus it no longer meets majority independent director and audit committee requirements under Sections 303A.01 and 303A.07(a).
- Company has begun recruiting a new independent director to restore compliance.