regulatory
confidence high
sentiment neutral
materiality 0.45
China Pharma regains NYSE American compliance after reverse stock split
CHINA PHARMA HOLDINGS, INC.
- Received NYSE American notice on March 27, 2024 confirming compliance with continued listing standards.
- Resolved low selling price deficiency (Section 1003(f)(v)) via 1-for-5 reverse stock split on March 6, 2024.
- ".BC" indicator to be removed; company removed from noncompliant issuers list.
- NYSE American cautioned that no cure period exists if stock again trades at abnormally low levels.