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On January 3, 2024, Phunware, Inc., a company listed on The NASDAQ Capital Market under the trading symbol PHUN, reported a notice of non-compliance from Nasdaq. The notification was due to the resignation of Ryan Costello from the board of directors and the audit committee, leaving the audit committee with only two members, Stephen Chen and Rahul Mewawalla. This change has resulted in Phunware not meeting the Nasdaq Listing Rule 5605, which requires a minimum of three independent directors on the audit committee. Phunware has been granted a cure period until the earlier of its next annual stockholders' meeting or December 31, 2024, to regain compliance, with an extension to June 28, 2024, if the annual meeting occurs before that date. Failure to comply within this timeframe may lead to delisting, although the company would have the right to appeal. Phunware is currently exploring options to address the compliance issue. The company's Chief Financial Officer, Troy Reisner, signed off on the report on January 4, 2024.
On January 3, 2024, Phunware, Inc., a company listed on The NASDAQ Capital Market under the trading symbol PHUN, reported a notice of non-compliance from Nasdaq. The notification was due to the resignation of Ryan Costello from the board of directors and the audit committee, leaving the audit committee with only two members, Stephen Chen and Rahul Mewawalla. This change has resulted in Phunware not meeting the Nasdaq Listing Rule 5605, which requires a minimum of three independent directors on the audit committee. Phunware has been granted a cure period until the earlier of its next annual stockholders' meeting or December 31, 2024, to regain compliance, with an extension to June 28, 2024, if the annual meeting occurs before that date. Failure to comply within this timeframe may lead to delisting, although the company would have the right to appeal. Phunware is currently exploring options to address the compliance issue. The company's Chief Financial Officer, Troy Reisner, signed off on the report on January 4, 2024.
2024年1月3日，在納斯達克資本市場上市、交易代碼爲PHUN的公司Phunware, Inc. 報告了納斯達克的違規通知。該通知是由於瑞安·科斯特洛辭去了董事會和審計委員會的職務，使審計委員會只有兩名成員，即史蒂芬·陳和拉胡爾·梅瓦瓦拉。這一變化導致Phunware不符合納斯達克上市規則5605的規定，該規則要求審計委員會中至少有三名獨立董事。Phunware已獲准在下一次年度股東大會或2024年12月31日之前恢復合規的補救期，如果年會在此日期之前舉行，則延期至2024年6月28日。儘管該公司有權提出上訴，但未能在這段時間內遵守規定可能會導致退市。Phunware目前正在探索解決合規性問題的選項。該公司首席財務官特洛伊·雷斯納於2024年1月4日簽署了該報告。
2024年1月3日，在納斯達克資本市場上市、交易代碼爲PHUN的公司Phunware, Inc. 報告了納斯達克的違規通知。該通知是由於瑞安·科斯特洛辭去了董事會和審計委員會的職務，使審計委員會只有兩名成員，即史蒂芬·陳和拉胡爾·梅瓦瓦拉。這一變化導致Phunware不符合納斯達克上市規則5605的規定，該規則要求審計委員會中至少有三名獨立董事。Phunware已獲准在下一次年度股東大會或2024年12月31日之前恢復合規的補救期，如果年會在此日期之前舉行，則延期至2024年6月28日。儘管該公司有權提出上訴，但未能在這段時間內遵守規定可能會導致退市。Phunware目前正在探索解決合規性問題的選項。該公司首席財務官特洛伊·雷斯納於2024年1月4日簽署了該報告。
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