Grande Group Limited has elected to rely on the home country rule exemption under Nasdaq Listing Rule 5615(a)(3). This exemption allows the company to follow British Virgin Islands corporate governance practices instead of specific Nasdaq Marketplace Rule 5635 requirements regarding shareholder approval for security issuances related to acquisitions, changes of control, equity-based compensation, and private placements of 20% or more of outstanding voting power. The company operates in the Hong Kong market and provides diversified business services.
