regulatory
confidence high
sentiment negative
materiality 0.75
Enservco Corp: Nasdaq/NYSE listing notice — Enservco receives NYSE noncompliance notice for equity below $6M minimum
Enservco Corp
- Stockholders' equity $5.2M at June 30, 2022, below NYSE American's $6.0M minimum under Section 1003(a)(iii).
- Must submit a compliance plan by January 9, 2023; if accepted, cure period extends to June 9, 2024.
- No immediate effect on listing or trading of ENSV common stock on NYSE American.
- Company evaluating options to regain compliance but no decisions have been made.