regulatory
confidence high
sentiment negative
materiality 0.80
NYSE American Committee affirms delisting of Regional Health Properties; trading now on OTCQB
REGIONAL HEALTH PROPERTIES, INC
- NYSE American Committee unanimously affirmed delisting of common stock (RHE) and Series A preferred (RHE-PA); SEC delisting application pending.
- Trading suspended on NYSE American; shares now quoted on OTCQB under symbols RHEP and RHEPA.
- Company reaffirms commitment to merger with SunLink Health Systems; no guarantee exchange listing for merger securities.
- Delisting stems from failure to regain compliance with NYSE American continued listing standards by Nov 10, 2024.
item 3.01