Highest-materiality recent filing
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.
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.
Max materiality 0.75 · Median 0.55 · Most common event other_material