BurgerFi International, Inc.: Nasdaq/NYSE listing notice — BurgerFi gets Nasdaq notice for board independence lapse after Stewart exit

BurgerFi International, Inc.

Notice cites failure to maintain majority independent directors per Nasdaq Rule 5605(b)(1).
Cure period: until next annual meeting or September 23, 2024; if meeting before March 19, 2024, compliance by March 19, 2024.
Martha Stewart's resignation on Sept 26, 2023 triggered the noncompliance.
No immediate impact on listing of BFI common stock or BFIIW warrants.
Nominating committee is working to regain compliance before cure period ends.

item 3.01 item 5.02

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.82

BurgerFi International, Inc. received a nasdaq noncompliance notice notice regarding other.

Exchange: nasdaq
Notice: noncompliance notice

Exact text from the filing

received a notice (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) stating that the previously disclosed resignation of Martha Stewart from the Company’s Board of Directors (the “Board”) (as described in

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Source: SEC EDGAR

accession 0001723580-23-000020

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