Regional Health Properties receives second NYSE American deficiency notice for equity below $2M

REGIONAL HEALTH PROPERTIES, INC

Shareholders' equity was about $1.8M as of March 31, 2023, below the $2M threshold.
Company also previously failed Section 1003(a)(ii) ($4M equity requirement) and submitted a compliance plan.
Plan deadline to regain compliance is November 10, 2024; shares trade with .BC indicator.
If plan is not accepted or progress lacking, delisting proceedings may commence.

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