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Nasdaq notifies Greenland Energy of non-compliance with independent director rules after McIllree resignation

GLNDGreenland Energy Co

Greenland Energy notified Nasdaq that it no longer meets the majority independent director and audit committee composition requirements following the October 20, 2026 resignation of board member Roderick McIllree. Nasdaq issued a letter on October 28 granting a cure period until the next annual meeting or April 19, 2027. The company appointed Melanie Furlan to the Audit Committee, curing the immediate deficiency for that specific rule. Greenland Energy operates in the energy sector.

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