Kirk Taylor
On February 1, 2025, Royalty Management Holding Corporation (or the “Company”) was informed by Kirk Taylor, the Company’s Chief Financial Officer, that he will resign from such position effective February 1, 2025.
Highest-materiality recent filing
Shareholders ratify CM3 Advisory as independent auditor for 2026
Annual meeting held June 30, 2026; 15,149,705 shares eligible to vote.
RMCO regains Nasdaq compliance after completing annual shareholder meeting
Nasdaq notified RMCO on June 25, 2025 that it regained compliance with Listing Rule 5620.
Five directors re-elected: Julie K. Griffith, D. Joshua Hawes, Roy A. Smith, W. Benjamin Kincaid, Thomas Sauve.
Royalty Management reincorporates to Florida from Delaware, citing cost savings
Effective March 20, 2025; board authorized in August 2024.
Royalty Management reincorporates from Delaware to Florida for cost savings
Effective March 20, 2025, company changed state of incorporation from Delaware to Florida.
Nasdaq grants Royalty Management extension to June 30, 2025 for annual meeting
Nasdaq notified company Jan 29, 2025 of failure to hold annual meeting within 12 months of Dec 31, 2023 fiscal year end per Listing Rule 5620(a).
Royalty Management Holding names Amanda Kruse CFO; Kirk Taylor resigns, remains advisor
Kirk Taylor resigned as CFO effective February 1, 2025, with no disagreement with the Company.
Nasdaq notifies Royalty Management of annual meeting noncompliance; company submits compliance plan
Nasdaq letter dated Jan 24, 2025 cites failure to hold annual meeting within 12 months of FYE Dec 31, 2024 (Rule 5620(a)).
Royalty Management buys 161,875 shares (1% outstanding) in private block purchase
Purchased 161,875 common shares from a shareholder in a private block deal, just over 1% of shares outstanding.
Royalty Management Holding regains Nasdaq minimum bid price compliance
Received Nasdaq letter on Nov 12, 2024 confirming regained compliance with Listing Rule 5550(a)(2).
Royalty Management receives Nasdaq deficiency notice for bid price below $1.00
Nasdaq letter dated Oct 28, 2024: stock closed below $1.00 for 31 consecutive business days.
Royalty Management Holding creates 5M shares of 5% Series A Preferred Stock
5M shares of Series A Preferred designated; 5% annual dividend (cash or accrued at company's discretion).
Royalty Management Q1 2024 net income $135K vs loss $274K YoY; revenue up 160% to $162K
Net income of $135,180 ($0.01 per share) vs net loss of $274,345 (-$0.38) in Q1 2023.
Royalty Management Holding appoints CM3 Advisory as new independent auditor
Audit Committee approved CM3 Advisory as independent public accounting firm on May 13, 2024.
Royalty Management dismisses BF Borgers as auditor after SEC bars the firm
Audit committee dismissed BF Borgers CPA PC effective May 3, 2024, due to SEC order barring the firm from appearing or practicing before the SEC.
Monthly corporate expenses range $41K-$65K post-merger; revenues exceeded costs for past two months.
Royalty Management Holding authorizes $2M stock repurchase program over 24 months
Board unanimously authorized up to $2.0M in share repurchases over 24 months starting April 17, 2024.
Royalty Management appoints Smith, Wrightsman to board; Hasler, Ehlebracht resign
Appointed Roy Smith and Benjamin Wrightsman to the Board effective February 12, 2024.
AMAO completes business combination with Royalty Management, begins trading as RMCO
Exchange ratio 1.5034; 253,807 AMAO shares redeemed for ~$2.66M at ~$10.47/share.
American Acquisition Opportunity completes business combination; CEO and board changes
Business combination with Royalty Management Corporation closed Oct 31, 2023.
AMAO closes RMC acquisition effective Oct 31; renamed Royalty Management Holding Corporation
Acquisition of Royalty Management Co closed effective Oct 31, 2023; no external capital raised and no consideration paid to RMC shareholders.
Nasdaq may not complete review of listing application by Oct 31, 2023 deadline for business combination with Royalty Management Corporation.
American Acquisition Opportunity stockholders approve merger with Royalty Management Corp
Business combination, charter, and Nasdaq listing proposals approved with 2,747,946 votes FOR, 10,449 AGAINST.
On Oct 13, 2023, company filed 8-K noting failure to timely appeal delisting for non-compliance with Nasdaq minimum market value rule.
American Acquisition Opportunity to be delisted from Nasdaq Oct 16; failed to appeal MVLS notice
Delisting notice from Nasdaq for non-compliance with MVLS Rule; company did not timely appeal.
Nasdaq notified company on Oct 5, 2023, of delisting effective Oct 16, 2023, due to MVLS below $35M.
Stockholders approve extension of SPAC merger deadline to Oct 31, 2023
Proposal 1: 2,829,422 For, 274 Against to amend charter extending Business Combination deadline to Oct 31, 2023.
AMAO extends merger deadline with Royalty Management to Sept 22, 2023
Amendment No. 2 signed April 28, 2023, pushes outside date from March 22 to September 22, 2023.
American Acquisition Opportunity receives Nasdaq MVLS deficiency notice; has 180 days to comply
MVLS below $35M for 30 consecutive business days; Nasdaq gave 180-day compliance period until Oct 2, 2023.
Shareholders approved extending the deadline to complete a business combination from March 22, 2023 to September 22, 2023.
On Dec 6, 2022, AMAO amended its Underwriter Agreement to convert $3.5M deferred fees at $10/share into 350,000 shares of the surviving entity.
American Acquisition Opportunity reports 52.5% redemption rate; 820,377 shares redeemed at $10.1561
820,377 Class A shares redeemed at $10.15610656 each, totaling $8.33M from special meeting on Sept 22, 2022.
AMAO stockholders approve charter amendments extending SPAC deadline to March 2023
Extension of business combination deadline to March 22, 2023 approved with 3,349,180 for, 2 against.
AMAO signs definitive Merger Agreement with Royalty Management Corp for $111M in stock
Total consideration of $111M in 11.1M AMAO shares valued at $10.00 per share.
AMAO shareholders approve extension to Sept 2022; 8.9M shares redeemed for $90M
Shareholders approved extension of business combination deadline from March 22 to Sept 22, 2022.
Shareholders approved extension of business combination deadline from March 22 to September 22, 2022.
AMAO adjourns special meeting to March 21 to seek approval of extension amendments
Special meeting on March 18 adjourned to March 21, 2022 at 4:00 PM ET.
Audit Committee on March 7, 2022 concluded prior financials should no longer be relied upon.
American Acquisition Opportunity restates financials for warrant liability reclassification
Audit committee on Oct 18, 2021 determined non-reliance on March 17, 2021 balance sheet and Q1/Q2 2021 quarterly reports.
On February 1, 2025, Royalty Management Holding Corporation (or the “Company”) was informed by Kirk Taylor, the Company’s Chief Financial Officer, that he will resign from such position effective February 1, 2025.
Concurrently, effective February 1, 2025 and in connection with Kirk Taylor’s resignation, the Board appointed Amanda Kruse as the Company’s Chief Financial Officer and Principal Accounting Officer.
Effective February 12, 2024, the Board of Directors (the “Board”) of Royalty Management Holding Corporation (or the “Company”) appointed both Roy Smith and Benjamin Wrightsman to the Board of Directors.
Additionally, on February 7, 2024, Daniel Hasler and Gary Ehlebracht stepped down as an independent directors of the Board effective that date.
Additionally, on February 7, 2024, Daniel Hasler and Gary Ehlebracht stepped down as an independent directors of the Board effective that date.
Effective February 12, 2024, the Board of Directors (the “Board”) of Royalty Management Holding Corporation (or the “Company”) appointed both Roy Smith and Benjamin Wrightsman to the Board of Directors.
each of Daniel J. Hasler, Gary Ehlebracht, Julie K. Griffith, and Thomas Sauve were elected as directors of the Company
Thomas Sauve replaced Mark Jensen as Chairman of the Board
each of Daniel J. Hasler, Gary Ehlebracht, Julie K. Griffith, and Thomas Sauve were elected as directors of the Company
Thomas Sauve was appointed to serve as the Chief Executive Officer upon the completion of the Business Combination
with Thomas Sauve appointed as chairman of the board of directors
Effective upon the Closing Date, Mark Jensen resigned as Chief Executive Officer of AMAO.
Max materiality 0.90 · Median 0.55 · Most common event other_material