Power REIT receives NYSE American delisting notice for equity below $2.0M threshold

Power REIT

Stockholders' equity was $322,626 at June 30, 2024, well below the $2.0M minimum required by Section 1003(a)(i).
Company must submit a compliance plan by October 3, 2024; deadline to regain listing is March 3, 2026.
Shares will trade under symbol PW with a '.BC' designation indicating 'below compliance' status.
Failure to submit an acceptable plan or meet the 2026 deadline will trigger delisting proceedings.
Business operations and SEC reporting requirements are not affected by the notice.

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