Announcement • Feb 25
MSD Acquisition Receives Letter from the Staff of the Listing Qualifications Department of the Nasdaq Stock Market On February 10, 2022, MSD Acquisition Corp. (the “Company”) received a letter (the “Notification Letter”) from the staff of the Listing Qualifications Department of The Nasdaq Stock Market (“NASDAQ”) notifying the Company that, due to the previously announced resignation of Barry McCarthy from the Company’s board of directors (the “Board”) and the audit committee of the Board, the Company no longer complies with NASDAQ’s independent director and audit committee requirements as set forth in NASDAQ Listing Rule 5605 for continued listing. The Company is currently evaluating independent director candidates to appoint to the vacancy on the Board and on the audit committee in order to regain compliance. The Company has until the earlier of the Company’s next annual shareholders’ meeting or February 8, 2023 to regain compliance; provided, however, if the next annual shareholders’ meeting is held before August 8, 2022, the Company must regain compliance by August 8, 2022. Announcement • Feb 10
MSD Acquisition Corp. Announces Resignation of Barry McCarthy from the Board of Directors On February 8, 2022, Barry McCarthy, a member of the Board of Directors of MSD Acquisition Corp., notified the Board of his decision to resign as director of the Company effective immediately. Mr. McCarthy has been a member of the Board since the Company’s initial public offering and was a chairman of the Audit Committee of the Board and a member of the Nominating Committee and Compensation Committee of the Board. Announcement • May 19
MSD Acquisition Corp. announced delayed 10-Q filing On 05/18/2021, MSD Acquisition Corp. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.