UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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| Item 3.01 | Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. |
On July 25, 2024, Alliance Entertainment Holding Corporation (the “Company”), received a letter from the Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) stating that Nasdaq has determined that the Company is not in compliance with Nasdaq Listing Rules due to the Company's failure to hold its annual meeting by June 30, 2024, the date which Nasdaq determined was twelve months following its fiscal year end following the initial listing of Alliance’s common stock on Nasdaq.
Nasdaq informed the Company that the Company must submit a plan of compliance (the "Plan") within 45 calendar days addressing how it intends to regain compliance with Nasdaq's listing rules and, if Nasdaq accepts the Plan, it may grant an extension (the “Extension”) of up to 180 calendar days from the Form 10-K original filing due date, or until December 27, 2024, to regain compliance. The Company submitted the Plan to Nasdaq and Nasdaq has granted the Company the Extension. The Company intends to hold its annual meeting on or prior to such date and thereby regain compliance with the Nasdaq continued listing requirements.
SIGNATURE
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.
| Dated: July 25, 2024 | ALLIANCE ENTERTAINMENT HOLDING CORPORATION | |
| By: | /s/ Bruce Ogilvie | |
| Name: Bruce Ogilvie | ||
| Title: Executive Chairman | ||