0001354457-23-000264.txt : 20230412
0001354457-23-000264.hdr.sgml : 20230412
20230412084941
ACCESSION NUMBER: 0001354457-23-000264
CONFORMED SUBMISSION TYPE: 25-NSE
CONFIRMING COPY:
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20230412
DATE AS OF CHANGE: 20230412
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Very Good Food Co Inc.
CENTRAL INDEX KEY: 0001878835
STANDARD INDUSTRIAL CLASSIFICATION: FOOD & KINDRED PRODUCTS [2000]
IRS NUMBER: 000000000
STATE OF INCORPORATION: A1
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40892
BUSINESS ADDRESS:
STREET 1: 2748 RUPERT STREET
CITY: VANCOUVER
STATE: A1
ZIP: V5M 3T7
BUSINESS PHONE: 855-472-9841
MAIL ADDRESS:
STREET 1: 2748 RUPERT STREET
CITY: VANCOUVER
STATE: A1
ZIP: V5M 3T7
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: Nasdaq Stock Market LLC
CENTRAL INDEX KEY: 0001354457
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
0001878835
Very Good Food Co Inc.
001-40892
2784 Rupert Street
Vancouver
A1
BRITISH COLUMBIA, CANADA
V5M 3T7
778-991-2958
Common shares
17 CFR 240.12d2-2(b)
Aravind Menon
Hearings Advisor
2023-04-12
EX-99.25
2
vgfcdelistreason.txt
Delisting Determination, The Nasdaq Stock Market, LLC, April 12, 2023,
The Very Good Food Company Inc.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove
from listing the common shares of The Very Good Food Company Inc.,
effective at the opening of the trading session on April 24, 2023.
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 5450(a)(1). The Company was
notified of the Staff determination on November 15, 2022.
On November 17, 2022, the Company exercised its right to appeal
the Staff determination to the Listing Qualifications Hearings
Panel (Panel) pursuant to Rule 5815. A Panel hearing was held on
December 15, 2022. On January 5, 2023, the Company received an
additional delist determination for its failure to hold an
annual meeting of shareholders. On January 10, 2023, 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. On January 18, 2023, Staff issued an
additional delist determination letter for the Company failure
to meet the audit commmittee composition requirements and for a recent
announcement that the Company had been placed into receivership pursuant
to an Order of the Supreme Court of British Columbia.
In light of such developments and the Company failure to meet the terms
of the January 10 decision, the Panel issued a final decision denying the
Company continued listing and notified the Company that trading in
the Company securities would be suspended on January 23, 2023.
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 January 23, 2023.