regulatory
confidence high
sentiment negative
materiality 0.65
China Pharma regains NYSE American price compliance but remains under equity plan with delisting risk
CHINA PHARMA HOLDINGS, INC.
- Resolved low selling price deficiency via 1-for-10 reverse stock split on March 6, 2023.
- Still non-compliant with stockholders' equity standards (Sections 1003(a)(ii) and (iii)).
- Must achieve full compliance by December 15, 2023 or face delisting proceedings.
- ".BC" indicator remains on ticker CPHI.
- If average share price falls below $0.20 over 30 days, immediate review.