Royalty Management Holding Corporation Regains Compliance with Nasdaq Listing Standards
June 26th, 2025 1:15 PM
By: Newsworthy Staff
Royalty Management Holding Corporation has successfully regained full compliance with Nasdaq Capital Market's listing standards after completing its annual shareholder meeting, marking a significant step in maintaining its market position.
Royalty Management Holding Corporation (Nasdaq: RMCO) announced it has regained full compliance with the Nasdaq Capital Market's listing standards following the completion of its annual shareholder meeting. This achievement comes after the company addressed a deficiency notice from Nasdaq by submitting and fulfilling a compliance plan, culminating in the shareholder meeting held on June 24, 2025. The Nasdaq has confirmed that the company now meets all requirements under Nasdaq Listing Rules 5620, closing the matter.
Thomas Sauve, CEO of Royalty Management, expressed gratitude towards Nasdaq for their cooperation throughout the compliance process and highlighted the company's commitment to growth and shareholder value. The completion of the annual shareholder meeting was the final step in the company's plan to regain compliance, as outlined in its Form 8-K filed with the U.S. Securities and Exchange Commission on June 26, 2025.
Source Statement
This news article relied primarily on a press release disributed by NewMediaWire. You can read the source press release here,
