{"id":781701,"date":"2023-09-01T17:52:31","date_gmt":"2023-09-01T21:52:31","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-regains-compliance-with-certain-nasdaq-listing-requirement\/"},"modified":"2023-09-01T17:52:31","modified_gmt":"2023-09-01T21:52:31","slug":"kernel-group-holdings-inc-regains-compliance-with-certain-nasdaq-listing-requirement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-regains-compliance-with-certain-nasdaq-listing-requirement\/","title":{"rendered":"Kernel Group Holdings, Inc. Regains Compliance with Certain Nasdaq Listing Requirement"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">\n        <strong>New York, Sept.  01, 2023  (GLOBE NEWSWIRE) &#8212; <\/strong>Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW the \u201c<strong><em>Company<\/em><\/strong>\u201d or \u201c<strong><em>Kernel<\/em><\/strong>\u201d) today announced that on\u00a0September 1, 2023, the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market (\u201c<strong><em>Nasdaq<\/em><\/strong>\u201d), confirming that the Company had regained compliance with Nasdaq Listing Rule\u00a05620(a) which requires companies to hold an annual meeting of shareholders within twelve months of the end of the Company\u2019s fiscal year (the \u201c<strong><em>Annual Meeting Requirement<\/em><\/strong>\u201d).<\/p>\n<p align=\"justify\">As previously disclosed, the Company was notified by the Listing Qualifications Department of Nasdaq that it did not comply with the Annual Meeting Requirement. Based on the Company\u2019s Form 8-K filed on August 31, 2023, the Company\u2019s definitive proxy statement was distributed on August 11, 2023, and its annual meeting of shareholders was held on August 31, 2023.\u00a0Accordingly, the Listing Qualifications Department of Nasdaq has determined that the Company regained compliance with the\u00a0Annual Meeting Requirement.<\/p>\n<p>\n        <strong>Contact:<\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=yMow8PGa9dsl6-FnbetQHqbeSzwSWYLEWoOgrafC1kcCZ3a1o0_z8rj7CETI8bzgMumSKQ_Q2qjBewqHNPCGOA==\" rel=\"nofollow noopener\" target=\"_blank\">hd@kernelcap.com<\/a>\n      <\/p>\n<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkxNTQ1MiM1Nzk1MzgzIzUwMDExNDQyNQ==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MjBlNjlhMDMtNzQ1MC00NDUwLWJmNGUtNjdmOGQ2ZmFlZjMxLTUwMDExNDQyNQ==\/tiny\/Kernel-Group-Holdings-Inc.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New York, Sept. 01, 2023 (GLOBE NEWSWIRE) &#8212; Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW the \u201cCompany\u201d or \u201cKernel\u201d) today announced that on\u00a0September 1, 2023, the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market (\u201cNasdaq\u201d), confirming that the Company had regained compliance with Nasdaq Listing Rule\u00a05620(a) which requires companies to hold an annual meeting of shareholders within twelve months of the end of the Company\u2019s fiscal year (the \u201cAnnual Meeting Requirement\u201d). As previously disclosed, the Company was notified by the Listing Qualifications Department of Nasdaq that it did not comply with the Annual Meeting Requirement. Based on the Company\u2019s Form 8-K filed on August 31, 2023, the Company\u2019s definitive proxy statement was distributed &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-regains-compliance-with-certain-nasdaq-listing-requirement\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kernel Group Holdings, Inc. Regains Compliance with Certain Nasdaq Listing Requirement&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-781701","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kernel Group Holdings, Inc. Regains Compliance with Certain Nasdaq Listing Requirement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kernel-group-holdings-inc-regains-compliance-with-certain-nasdaq-listing-requirement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kernel Group Holdings, Inc. Regains Compliance with Certain Nasdaq Listing Requirement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"New York, Sept. 01, 2023 (GLOBE NEWSWIRE) &#8212; Kernel Group Holdings, Inc. (NASDAQ: KRNLU, KRNL, KRNLW the \u201cCompany\u201d or \u201cKernel\u201d) today announced that on\u00a0September 1, 2023, the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market (\u201cNasdaq\u201d), confirming that the Company had regained compliance with Nasdaq Listing Rule\u00a05620(a) which requires companies to hold an annual meeting of shareholders within twelve months of the end of the Company\u2019s fiscal year (the \u201cAnnual Meeting Requirement\u201d). As previously disclosed, the Company was notified by the Listing Qualifications Department of Nasdaq that it did not comply with the Annual Meeting Requirement. Based on the Company\u2019s Form 8-K filed on August 31, 2023, the Company\u2019s definitive proxy statement was distributed &hellip; Continue reading &quot;Kernel Group Holdings, Inc. 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(NASDAQ: KRNLU, KRNL, KRNLW the \u201cCompany\u201d or \u201cKernel\u201d) today announced that on\u00a0September 1, 2023, the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market (\u201cNasdaq\u201d), confirming that the Company had regained compliance with Nasdaq Listing Rule\u00a05620(a) which requires companies to hold an annual meeting of shareholders within twelve months of the end of the Company\u2019s fiscal year (the \u201cAnnual Meeting Requirement\u201d). As previously disclosed, the Company was notified by the Listing Qualifications Department of Nasdaq that it did not comply with the Annual Meeting Requirement. Based on the Company\u2019s Form 8-K filed on August 31, 2023, the Company\u2019s definitive proxy statement was distributed &hellip; Continue reading \"Kernel Group Holdings, Inc. 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