Electric Last Mile Filing Shows Co. Notified Nasdaq Of Co.’s Non Compliance With Audit Committee Requirement
On February 1, 2022, the Company notified The Nasdaq Stock Market LLC ("Nasdaq") of the Company's non-compliance with Nasdaq's audit committee composition requirements set forth in Nasdaq Listing Rule 5605(c)(2)(A), which require, among other things, an audit committee to consist of at least three members, each of whom is independent.