| UNITED STATES | ||
| SECURITIES AND EXCHANGE COMMISSION | ||
| Washington, D.C. 20549 | ||
FORM 25 | ||
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934. | ||
| Commission File Number 001-38754 | ||
| Issuer: | ALKALINE WATER Co INC |
| Exchange: | Nasdaq Stock Market LLC |
| (Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered) |
| Address: | 8541 E Anderson Drive, Suite 100/101 Scottsdale, ARIZONA 85255 |
| Telephone number: | 480-320-3565 |
| (Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices) |
| Common stock |
| (Description of class of securities) |
| Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration: |
| o 17 CFR 240.12d2-2(a)(1) |
| o 17 CFR 240.12d2-2(a)(2) |
| o 17 CFR 240.12d2-2(a)(3) |
| o 17 CFR 240.12d2-2(a)(4) |
| x Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. 1 |
| o Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange. |
| Pursuant to the requirements for the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person. |
| 2024-03-20 | By | Aravind Menon | Hearings Advisor | |
| Date | Name | Title | ||
| 1 | Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions. |
Delisting Determination, The Nasdaq Stock Market, LLC, March 21, 2024,
The Alkaline Water Company Inc.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove
from listing the securities of The Alkaline Water Company Inc.,
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 5550(b)(2).
The Company was notified of the Staff determination on October 11,
2023. On October 18, 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 21, 2023, the Company received an additional delist
determination for its failure to meet the requirements in Listing
Rule 5250(c)(1).
On January 11, 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.
On February 2, 2024, based on the Company failure to meet the terms
of the January 11 decision, the Company determined to delist the
Company securities effective on February 6, 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 18, 2024.