CAMBER ENERGY, INC. (CEIN): Nasdaq/NYSE listing notice — Camber Energy receives NYSE American deficiency notice; stock below $0.20 average, faces delisting risk

CAMBER ENERGY, INC.

Received NYSE American deficiency letter on Nov 7, 2022 for 30-day avg price under $0.20/share.
Must cure by May 7, 2023 via sustained price improvement or reverse stock split.
Common stock continues trading under CEI with added '.BC' below-compliance designation.
Reverse split would require stockholder approval at May 2023 annual meeting or special meeting.

item 3.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

CAMBER ENERGY, INC. received a nyse_american deficiency notice notice regarding minimum bid price (rules 1003(f)(v)).

Exchange: nyse american
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 1003(f)(v)

Exact text from the filing

November 7, 2022, Camber Energy Inc. (the “ Company ”) received a deficiency letter (the “ Deficiency Letter ”) from the NYSE American LLC (the “ NYSE American ”) indicating that the Company is not in compliance with the NYSE American continued listing standard set forth in Section 1003(f)(v) of the NYSE American Company Guide because its shares of common stock, par value $0.001 per share (the “ Common Stock ”) have been selling for a substantial period of time at a low price per share, which NYSE American determined to be a 30 day trading average price of less than $0.20 per share. As require

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CAMBER ENERGY, INC. filing history →

Source: SEC EDGAR

accession 0001477932-22-008391

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