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 on June 24, 2025. This development comes after the company addressed a deficiency notice from Nasdaq in January 2025, submitting a compliance plan that culminated in the recent shareholder meeting. The Nasdaq has confirmed that RMCO 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. Sauve highlighted the company's commitment to growth and its strategy of acquiring and developing high-value assets across various industries. The compliance achievement underscores RMCO's dedication to maintaining good standing with regulatory bodies and its focus on shareholder value.
This news is significant for investors and the market as it reflects RMCO's ability to navigate regulatory challenges and maintain its listing on a major stock exchange. Compliance with Nasdaq standards is crucial for investor confidence and the company's access to capital markets. RMCO's successful resolution of this issue may positively impact its stock performance and attractiveness to potential investors.
