The Real Good Food Company Announces Intent to Voluntarily Delist from Nasdaq and Deregister with the SEC
31 January 2025 - 8:05AM
The Real Good Food Company, Inc. (Nasdaq: RGF) (“Real Good Foods”
or the “Company ”), a leading health and wellness frozen and
refrigerated foods company, is announcing its intention to
voluntarily delist its common stock from the Nasdaq Stock Market,
LLC (“Nasdaq”) and subsequently deregister with the Securities and
Exchange Commission (“SEC”), following the decision of the
Company’s Board of Directors on January 27, 2025.
The decision to voluntarily delist and
deregister from the SEC was made after careful consideration by the
Board of Directors of various factors, including Nasdaq’s
announcement that it had suspended trading in the Company’s stock
and would eventually delist the Company, along with the significant
financial and administrative requirements that come with being a
public company.
The Company intends to voluntarily file with the
SEC a Form 25 to delist its stock on or about February 10, 2025,
and, once the delisting becomes effective ten days later, the
Company will file a Form 15 to deregister with the SEC. Upon the
filing of the Form 15, the Company’s obligation to file
periodic reports with the SEC, including Forms 10-K, 10-Q, and 8-K,
will immediately cease.
About Real Good Food
Company
Real Good Foods (Nasdaq: RGF) is a leading
health and wellness frozen and refrigerated foods company,
providing a better way to enjoy your favorite foods. The Company’s
mission is to provide “Real Food You Feel Good About Eating”,
making delicious, nutritious foods that are low in sugar, low in
carbohydrates and high in protein. The Real Good Foods family of
products includes breakfast, lunch, dinner, and snacks – available
in over 16,000 stores nationwide with additional direct-to-consumer
options.
To learn more, please visit our website at
realgoodfoods.com or join us on social media @realgoodfoods – where
we maintain some of the largest followings in the frozen food
industry today.
Forward-Looking Statements
This press release contains “forward-looking
statements” within the meaning of the safe harbor provisions of the
U.S. Private Securities Litigation Reform Act of 1995, which
statements are subject to considerable risks and uncertainties.
Forward-looking statements include all statements other than
statements of historical fact contained in this press release,
including statements regarding Company’s plan to regain compliance
with Nasdaq Listing Rule 5550(a)(2). The Company has attempted to
identify forward-looking statements by using words such as
“anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,”
“plan,” “predict,” “project,” “should,” “will,” or “would,” and
similar expressions or the negative of these expressions.
Forward-looking statements represent
management’s current expectations and predictions and are based on
information available as of the time such statements are made.
Although the Company does not make forward-looking statements
unless it believes it has a reasonable basis for doing so, it
cannot guarantee their accuracy or completeness. Forward-looking
statements involve numerous known and unknown risks, uncertainties
and other factors that may cause its actual results or events,
assumed or implied by the forward-looking statements. Some of the
risks and uncertainties that may cause its actual results to
materially differ from those expressed or implied by these
forward-looking statements, including the risk factors described in
the section entitled “Risk Factors” in its Annual Report on Form
10-K for the year ended December 31, 2022 and other documents filed
with or furnished to the SEC by the Company from time to time.
These forward-looking statements speak only as of the date of this
press release. Except as required by law, the Company undertakes no
obligation to publicly release the result of any revisions to these
forward-looking statements to reflect the impact of events or
circumstances that may arise after the date of this press
release.
Investor Relations ContactThe Real Good Food
Company3 Executive Campus, Suite 155Cherry Hill, NJ
08002ir@realgoodfoods.com
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