Charlton Aria says it regains compliance with Nasdaq audit committee independence rule
CHAR•Charlton Aria Acquisition believes it regained compliance on October 22, 2026, after replacing audit committee member Kyoung Tak Kim with Wang Jo Cha. Kim was disqualified after a $30,000 payment to his firm, Leading Edge Advisory.
1. Compliance restored
Charlton Aria Acquisition said it believes it regained compliance with Nasdaq’s audit committee independence requirements on October 22, 2026, after appointing Wang Jo Cha to replace Kyoung Tak Kim. A $30,000 payment to Leading Edge Advisory on August 25 disqualified Kim, a partner at the firm; the company said it did not rely on a cure period or exemption.
