Delisting Determination, The Nasdaq Stock Market, LLC, June 3, 2024,
RiskOn International, Inc.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove
from listing the securities of RiskOn International, Inc., effective
at the opening of the trading session on June 13, 2024.
Based on review of information provided by the Company, Nasdaq Staff
determined that the Company no longer qualified for listing on the
Exchange pursuant to Listing Rule 5550(b).
The Company was notified of the Staff determination on December 1,
2023. The Company requested a hearing on December 8, 2023.
On January 9, 2024, the Company received an additional delist
letter pursuant to Listing Rule Rule 5640 and IM-5640.
On February 21, 2024, the Company received an additional delist
determination pursuant to Listing Rule 5110(a), as a result of this
additional delist determination the Company securities were
suspended on February 28, 2024.
On March 22, 2024, the Company received an additional delist
determination for its failure to meet the minimum bid price
requirement in Listing Rule 5550(a)(2),
On April 12, 2024, upon review of the information provided by
the Company, the Panel determined to deny the Company request
to remain listed on the Exchange (the Decision).
The Company did not appeal the Decision to the Nasdaq Listing
and Hearing Review Council (Council) and the Council did not
call the matter for review. The Staff determination to delist
the Company became final on May 28, 2024.