UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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FORM
CURRENT REPORT
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Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On February 11, 2022, Stoke Therapeutics, Inc. (the “Company”) notified the Nasdaq Global Select Market (“Nasdaq”) of the Company’s non-compliance with Nasdaq’s audit committee composition requirements set forth in Nasdaq Listing Rule 5605(c)(2), which require, among other things, an audit committee to consist of at least three members, each of whom is independent. The non-compliance was a result of Arthur A. Levin, Ph.D., a member of the Audit Committee, not qualifying as independent pursuant to Nasdaq Listing Rule 5605(a)(2)(E).
To address this matter, on February 15, 2022, the Board of Directors of the Company (the “Board”) removed Mr. Levin as a member of the Audit Committee, and appointed Julie Anne Smith, a member of the Board who meets all applicable audit committee independence and other eligibility requirements under the Nasdaq rules, to serve as a member of the Audit Committee, such that the Audit Committee consists of Jennifer Burstein, CPA, as chair, Arthur Tzianabos, Ph.D. and Julie Anne Smith.
Following such actions, on February 17, 2022, Nasdaq issued a letter to the Company acknowledging the above and confirming that the Company now complies with Nasdaq’s continued listing requirements set forth in Listing Rule 5605.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| STOKE THERAPEUTICS, INC. | ||||||
| Date: February 17, 2022 | By: | /s/ Stephen J. Tulipano | ||||
| Stephen J. Tulipano | ||||||
| Chief Financial Officer | ||||||