SEC Filing Summary: Roth CH Acquisition IV Co. (8-K)
Business Context and Reporting Period
This Form 8-K was filed on January 9, 2023, by Roth CH Acquisition IV Co., a Delaware corporation and emerging growth company. The registrant trades on The Nasdaq Stock Market LLC under the symbols ROCG (Common Stock), ROCGW (Warrants), and ROCGU (Units). The filing addresses a specific regulatory event regarding continued listing compliance.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a listing compliance notice and does not contain financial statements or performance data.
Material Changes
The material change reported is the receipt of a notice from The Nasdaq Stock Market LLC stating that the Company no longer complies with Nasdaq's continued listing rules. Specifically, the Company failed to hold an annual meeting of shareholders within 12 months of its fiscal year end, as required by Nasdaq Listing Rule 5620(a).
Outlook, Risks, and Management Commentary
Under Nasdaq Listing Rule 5810(c)(2)(G), the Company has 45 calendar days to submit a plan to regain compliance. If Nasdaq accepts the plan, the Company may be granted an exception of up to 180 calendar days from the fiscal year end, or until June 29, 2023, to regain compliance. Management states that the Company plans to submit a compliance plan within the specified period. The primary risk is potential delisting if compliance is not achieved within the granted timeframe.
Key Facts for Investor Verification
- The Company received a delisting notice from Nasdaq on January 9, 2023, due to a failure to hold an annual shareholder meeting.
- The Company has 45 days to submit a compliance plan to Nasdaq.
- The potential deadline to regain compliance is June 29, 2023, pending Nasdaq's acceptance of the plan.
- This filing contains no financial performance data or guidance.