Royalty Management Holding Corp. Faces Delisting Notice
Ticker: RMCOW · Form: 8-K · Filed: Jan 29, 2025 · CIK: 1843656
| Field | Detail |
|---|---|
| Company | Royalty Management Holding Corp (RMCOW) |
| Form Type | 8-K |
| Filed Date | Jan 29, 2025 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | bearish |
Sentiment: bearish
Topics: delisting, listing-standards, regulatory-filing
Related Tickers: RMCO
TL;DR
RMCO got a delisting warning, might get kicked off the exchange.
AI Summary
Royalty Management Holding Corp. (RMCO) filed an 8-K on January 29, 2025, reporting a notice of delisting or failure to satisfy a continued listing rule or standard, with the earliest event date being January 24, 2025. The company, formerly known as American Acquisition Opportunity Inc., is incorporated in Delaware and headquartered in Fishers, Indiana.
Why It Matters
This filing indicates potential issues with the company's continued listing on an exchange, which could lead to its shares being delisted, impacting liquidity and investor confidence.
Risk Assessment
Risk Level: high — A notice of delisting or failure to meet listing standards poses a significant risk to the company's stock trading status and investor confidence.
Key Players & Entities
- Royalty Management Holding Corp. (company) — Registrant
- American Acquisition Opportunity Inc. (company) — Former company name
- January 24, 2025 (date) — Earliest event date
- January 29, 2025 (date) — Filing date
- Delaware (jurisdiction) — State of incorporation
- Fishers, Indiana (location) — Principal executive offices
FAQ
What specific listing rule or standard has Royalty Management Holding Corp. failed to satisfy?
The filing does not specify the exact rule or standard that has not been met, only that a notice of delisting or failure to satisfy a continued listing rule or standard has been issued.
What is the earliest event date reported in this 8-K filing?
The earliest event date reported is January 24, 2025.
When was this Form 8-K filed with the SEC?
This Form 8-K was filed on January 29, 2025.
What was the former name of Royalty Management Holding Corp.?
The former name of Royalty Management Holding Corp. was American Acquisition Opportunity Inc.
Where are the principal executive offices of Royalty Management Holding Corp. located?
The principal executive offices are located at 12115 Visionary Way, Suite 174, Fishers, Indiana, 46038.
Filing Stats: 587 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2025-01-29 17:00:13
Filing Documents
- rmco_8k.htm (8-K) — 23KB
- rmco_ex991.htm (EX-99.1) — 19KB
- rmco_ex991img9.jpg (GRAPHIC) — 2KB
- rmco_ex991img8.jpg (GRAPHIC) — 3KB
- rmco_ex991img11.jpg (GRAPHIC) — 2KB
- 0001477932-25-000521.txt ( ) — 170KB
- rmco-20250124.xsd (EX-101.SCH) — 6KB
- rmco-20250124_lab.xml (EX-101.LAB) — 13KB
- rmco-20250124_cal.xml (EX-101.CAL) — 1KB
- rmco-20250124_pre.xml (EX-101.PRE) — 8KB
- rmco-20250124_def.xml (EX-101.DEF) — 2KB
- rmco_8k_htm.xml (XML) — 4KB
01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard. On January 24, 2025, Royalty Management Holding Corporation (or the "Company") 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, 2024, as required by Nasdaq Listing Rule 5620(a). The notification of noncompliance has no immediate effect on the listing or trading of the Company's stock on the Nasdaq Capital Market. Under the Listing Rules, the Company has 45 calendar days, or until March 10, 2025, to submit a plan to regain compliance including the scheduling and timetable of its annual meeting of shareholders. If the submitted plan is accepted, Nasdaq may grant an exception of up to 180 calendar days from the Company's fiscal year end of December 31, 2024, or until June 30, 2025, to regain compliance. The Company has submitted its plan to Nasdaq for their review and comment. The plan commits to hold its annual meeting of shareholders in a timeframe that meets the proposed exemption period afforded by Nasdaq and its Listing Rules. The Company expects that following its annual meeting of shareholders it will have regained full compliance with the Nasdaq Listing Rules.
01 . Financial Statements and Exhibits
Item 9.01 . Financial Statements and Exhibits. (d) Exhibits The following exhibits are attached hereto and filed herewith. Exhibit No. Description of Exhibit 99.1 Letter from NASDAQ dated January 24, 2025. 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. 2
SIGNATURES
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 Date: January 29, 2025 By /s/ Thomas M. Sauve Thomas M. Sauve Chief Executive Officer 3