EAST RESOURCES ACQUISITION CO : Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing, Other Events, Financial Statements and Exhibits (form 8-K)

Item 3.01Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

As previously disclosed in the Form 12b-25 filed on March 31, 2022 by East Resources Acquisition Company (the "Company") with Securities Exchange Commission (the "SEC"), the Company determined that it was unable, without unreasonable effort or expense, to file its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 (the "Form 10-K"), by the required due date of March 31, 2022.

In connection with the foregoing, on April 22, 2022, the Company received a notice (the "Notice") from the Listing Qualifications Department of The NASDAQ Stock Market LLC ("NASDAQ") stating that the Company is not in compliance with NASDAQ Listing Rule 5250(c)(1) (the "Rule") because it had not timely filed the Form 10-K with the SEC. The Rule requires listed companies to timely file all required periodic financial reports with the SEC.

Under NASDAQ rules, the Company has 60 calendar days, or until June 21, 2022, to submit a plan to regain compliance with the Rule. If NASDAQ accepts the Company's plan, then NASDAQ may grant an exception of up to 180 calendar days from the due date of the Form 10-K, or until October 12, 2022, to regain compliance. The Company is working diligently to complete and file the Form 10-K as soon as reasonably practicable with the intention of regaining compliance.

The Notice has no immediate effect on the listing or trading of the Company's securities. However, if the Company fails to timely regain compliance with the Rule, the Company's securities will be subject to delisting from the NASDAQ Capital Market.

Item 8.01Other Events.

On April 26, 2022, the Company issued a press release announcing its receipt of the Notice. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01Financial Statements and Exhibits.

(d) Exhibits

Exhibit
Number    Description of Exhibit

99.1        Press Release, dated April 26, 2022

104       Cover Page Interactive Data File (embedded within the Inline XBRL document).




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