Sat. Jun 22nd, 2024
Viant Technology discusses recent board changes and Nasdaq compliance efforts

Viant Technology Inc. has announced an update regarding its Board of Directors and Audit Committee. Elizabeth Williams, a member of the Board and Audit Committee, has resigned to take up the role of CEO at El Pollo Loco Holdings, Inc. This departure has resulted in Viant Technology being non-compliant with Nasdaq’s Audit Committee requirements, prompting a notice from Nasdaq. To address this issue, Viant Technology plans to appoint a new independent director before the cure period expires in June 2025.

This change comes after the company’s recent annual stockholder meeting where significant voting participation led to the election of two Class III directors and the ratification of Deloitte & Touche LLP as the independent auditor for the upcoming fiscal year. The appointment of a new independent director will help ensure that Viant Technology remains compliant with Nasdaq’s requirements and continues to operate effectively in the future.

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By Aiden Nguyen

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