Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or
Standard; Transfer of Listing.
On June 15, 2022, the Company received formal notice from The Nasdaq Stock
Market LLC ("Nasdaq") indicating that the Nasdaq Hearings Panel (the "Panel")
has determined to delist the Company's securities from Nasdaq based upon the
Company's non-compliance with the filing requirements set forth in Nasdaq
Listing Rule 5550(a)(2) and (b)(1). As a result of the Panel's decision, Nasdaq
will suspend trading in the Company's securities effective at the open of
business on June 17, 2022, and indicated that it intends to file a Form 25 NSE
Notification of Delisting with the Securities and Exchange Commission (the
"SEC") once all applicable appeal and review periods have expired in order to
effect the formal delisting of the Company's securities from Nasdaq.
The Company's shares began trading on the OTC Markets' "OTC Pink Market" tier
under the symbol "RENO." There may be a very limited market in which the
Company's shares are traded, the Company's stockholders may find it difficult to
sell their shares of the Company and the trading price of the Company's
securities, if any, may be adversely affected.
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