regulatory
confidence high
sentiment negative
materiality 0.65
IT Tech Packaging receives NYSE American low-price deficiency notice; plans reverse split by Dec 2022
IT TECH PACKAGING, INC.
- Received NYSE American deficiency letter due to low common stock price for a substantial period.
- Must complete reverse stock split or show sustained price improvement by December 23, 2022.
- Company intends to effect a reverse stock split to regain compliance; shares get .BC indicator.
- Deficiency notice does not affect business operations or SEC reporting obligations.