お知らせ • Nov 12
Natural Order Acquisition Corp.(NasdaqCM:NOAC) dropped from NASDAQ Composite Index Natural Order Acquisition Corp. has been removed from NASDAQ Composite Index . お知らせ • Nov 02
Nasdaq to Delist Natural Order Acquisition's Securities On November 1, 2022, Natural Order Acquisition Corp. (the ‘company’) announced that, due to its inability to consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (‘Charter’), it intends to redeem all of the outstanding shares of common stock that were included in the units issued in its initial public offering (the ‘Public Shares’), at a per-share redemption price, including accrued interest (net of amounts withheld for taxes) of approximately $10.07 (the ‘Redemption Amount’), and thereafter will dissolve and liquidate in accordance with the Charter. The Company anticipates that the Public Shares, and associated units and warrants, will cease trading on the Nasdaq Stock Market (‘Nasdaq’) on November 10, 2022. As of the close of business on November 14, 2022, the Public Shares will be deemed cancelled and will represent only the right to receive the redemption amount. After November 14, 2022, the Company will cease all operations except for those required to wind up the Company's business. The Redemption Amount is expected to be paid within ten business days after November 14, 2022. The Company's initial stockholders, including the Company's sponsor, directors and each member of the Company's management team, have waived their redemption rights with respect to all founder shares held by them. There will be no redemption rights or liquidating distributions with respect to the Company's warrants, which will expire worthless. The Company expects that Nasdaq will file a Form 25 with the United States Securities and Exchange Commission (the ‘SEC’) to delist its securities. The Company thereafter expects to file a Form 15 with the SEC to terminate the registration of its securities under the Securities Exchange Act of 1934, as amended. Board Change • May 14
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Max Bazerman was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. お知らせ • May 12
Natural Order Acquisition Corp. Announces Management Changes Natural Order Acquisition Corp. announced that Mr. Gene Baur notified his decision to resign, for personal reasons, as a member of the Board of Directors of the Company and all committees of the Board, effective as of May 9, 2022. Mr. Baur’s resignation was not due to any disagreement with the Company or any matter relating to the Company’s operations, policies or practices. On May 9, 2022, the Board appointed Ms. Jennifer Stojkovic as a member of the Board, effective May 9, 2022. The Board has also appointed Ms. Stojkovic as a member of the Company’s audit committee, compensation committee and nominating committee. Executive Departure • Sep 15
CFO & Secretary Marc Volpe has left the company On the 13th of September, Marc Volpe's tenure as CFO & Secretary ended after 1.0 years in the role. As of June 2021, Marc still personally held 15.00k shares (US$147k worth at the time). Marc is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.08 years, which is considered inexperienced in the Simply Wall St Risk Model.