Royalty Management Holding Corporation filed SEC Form 8-K: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Financial Statements and Exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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CURRENT REPORT
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Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard.
On January 29, 2025, Royalty Management Holding Corporation (or the “Company”) disclosed that the Company had received a letter from Nasdaq Regulation (“Nasdaq”) indicating that the Company has not yet held an annual meeting of shareholders within twelve months of the end of the Company’s fiscal year end of December 31, 2023, as required by Nasdaq Listing Rule 5620(a). The Company was afforded an opportunity to provide Nasdaq with a proposal to cure the deficiency cited in their letter.
On January 27, 2025, the Company provided a written letter to Nasdaq that included a proposed plan to regain compliance under their listing rules. On February 12, 2025, Nasdaq provided the Company with written notification that its staff has determined to grant the Company an extension until June 30, 2025 to regain compliance with Listing Rule 5620(a) pursuant to the Company’s proposed plan by, among other conditions, holding an annual meeting of shareholders.
The Company fully anticipates complying with the requirements of the Nasdaq under this letter within the time period specified.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are attached hereto and filed herewith.
None.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Royalty Management Holding Corporation |
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Date: February 13, 2025 | By | /s/ Thomas M. Sauve |
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| Thomas M. Sauve |
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| Chief Executive Officer |
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