regulatory
confidence high
sentiment negative
materiality 0.60
GoHealth receives NASDAQ notice for audit committee noncompliance after director resignation
GoHealth, Inc.
- NASDAQ notified GoHealth on April 29, 2022 of noncompliance with Rule 5605(c)(2) requiring at least three independent audit committee members.
- Noncompliance resulted from resignation of director Anita Pramoda, who was one of three audit committee members.
- GoHealth has a 180-day cure period to regain compliance by appointing a third independent director to its audit committee.
- Company intends to fill the vacancy and satisfy Rule 5605 before the cure period ends.