0001354457-24-000189.txt : 20240321 0001354457-24-000189.hdr.sgml : 20240321 20240321142157 ACCESSION NUMBER: 0001354457-24-000189 CONFORMED SUBMISSION TYPE: 25-NSE CONFIRMING COPY: PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240321 DATE AS OF CHANGE: 20240321 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: COMSovereign Holding Corp. CENTRAL INDEX KEY: 0001178727 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATIONS EQUIPMENT, NEC [3669] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 465538504 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 25-NSE SEC ACT: 1934 Act SEC FILE NUMBER: 001-39379 BUSINESS ADDRESS: STREET 1: 6890 E. SUNRISE DRIVE STREET 2: SUITE 120-506 CITY: TUCSON STATE: AZ ZIP: 85750 BUSINESS PHONE: 206-796-0173 MAIL ADDRESS: STREET 1: 6890 E. SUNRISE DRIVE STREET 2: SUITE 120-506 CITY: TUCSON STATE: AZ ZIP: 85750 FORMER COMPANY: FORMER CONFORMED NAME: ComSovereign Holding Corp. DATE OF NAME CHANGE: 20200504 FORMER COMPANY: FORMER CONFORMED NAME: ComSovereign Holding Corp DATE OF NAME CHANGE: 20191210 FORMER COMPANY: FORMER CONFORMED NAME: DRONE AVIATION HOLDING CORP. DATE OF NAME CHANGE: 20140508 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Nasdaq Stock Market LLC CENTRAL INDEX KEY: 0001354457 ORGANIZATION NAME: IRS NUMBER: 521165937 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 25-NSE BUSINESS ADDRESS: STREET 1: One Liberty Plaza CITY: New York STATE: NY ZIP: 10006 BUSINESS PHONE: 301-978-4144 MAIL ADDRESS: STREET 1: Office of General Counsel STREET 2: 805 King Farm Blvd. CITY: ROCKVILLE STATE: MD ZIP: 20850 FORMER COMPANY: FORMER CONFORMED NAME: The Nasdaq Stock Market LLC DATE OF NAME CHANGE: 20060224 25-NSE 1 primary_doc.xml X0203 0001354457 Nasdaq Stock Market LLC 0001178727 COMSovereign Holding Corp. 001-39379
6890 E Sunrise Drive, Suite 120-506 Tucson AZ ARIZONA 85750
(520) 349-8276
Perpetual preferred stock, common stock, and warrants 17 CFR 240.12d2-2(b) Aravind Menon Hearings Advisor 2024-03-20
EX-99.25 2 comsdelistreason.txt Delisting Determination, The Nasdaq Stock Market, LLC, March 21, 2024, COMSovereign Holding Corp. The Nasdaq Stock Market LLC (the Exchange) has determined to remove from listing the securities of COMSovereign Holding Corp., effective at the opening of the trading session on April 1, 2024. Based on review of information provided by the Company, Nasdaq Staff determined that the Company no longer qualified for listing on the Exchange pursuant to Listing Rule 5250(c)(1). The Company was notified of the Staff determination on October 16, 2023. On October 23, 2023, the Company exercised its right to appeal the Staff determination to the Listing Qualifications Hearings Panel (Panel) pursuant to Listing Rule 5815. On November 16, 2023, the Company received an additional delist determination for its failure to meet the requirements in Listing Rule 5250(c)(1). On December 12, 2023, the Company received an additional delist determination for its failure to meet the requirements in Listing Rule 5550(b)(1). On December 19, 2023, the Company received an additional delist determination for its failure to meet the requirements in Listing Rule 5555(a)(4). On January 19, 2024, upon review of the information provided by the Company, the Panel determined to grant the Company request to remain listed in the Exchange subject to a series of milestones. Pursuant to the terms of the decision, the Company shares of preferred stock were scheduled for suspension on January 23, 2024. On January 29, 2024, based on the Company failure to meet the terms of the January 19 decision, the Company determined to delist the Company shares of common stock and warrants effective on January 31, 2024. The Company did not appeal the Panel decision to the Nasdaq Listing and Hearing Review Council (Council) and the Council did not call the matter for review. The Staff determination to delist the Company became final on March 14, 2024.