Data Storage Corp (DTST): Nasdaq/NYSE listing notice — Director death leaves Data Storage Corp audit committee with 2 members, violating Nasdaq rule

Data Storage Corp

Director Joseph B. Hoffman passed away; he was also Compensation Committee chair and member of Audit and Nominating Committees.
Audit Committee now has only 2 members, below Nasdaq Rule 5605(c)(2)(A) minimum of 3.
Company notified Nasdaq and intends to fill the vacancy within the next few weeks.
Board plans to appoint a director meeting Nasdaq independence and committee requirements.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

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

Data Storage Corp received a nasdaq deficiency notice notice regarding audit committee (rules 5605(c)(2)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: audit committee
Rules: 5605(c)(2)(A)

Exact text from the filing

ule 5605(c)(2)(A) of the Nasdaq listing standards. Accordingly, the Company does not meet the requirements of Rule 5605(c)(2)(A)

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Data Storage Corp filing history →

Source: SEC EDGAR

accession 0001731122-24-000026

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