American Strategic Investment Co. (NYC) announced that the New York Stock Exchange has accepted the Company’s business plan to regain compliance with the continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual. As previously disclosed, on August 26, 2025, the Company received a notice from NYSE that the Company was not in compliance with NYSE listing standard 802.01B because at such time the Company’s average global market capitalization over a consecutive 30 trading-day period was less than $50,000,000 and its stockholders’ equity as of June 30, 2025 was less than $50,000,000. Based upon a review of the compliance plan and information submitted by the Company, the NYSE has accepted the submission. In accordance with NYSE rules, the Company will now be given until February 26, 2027 to regain conformity with continued listing standards. The Company’s Class A common stock will continue to be listed on the NYSE during such time, subject to the Company’s compliance with other continued listing standards. The Company will also be subject to quarterly monitoring by the NYSE for compliance with the plan. If the Company fails to comply with the plan or does not meet continued listing standards at the end of the cure period, it will be subject to the prompt initiation of NYSE suspension and delisting procedures.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NYC:
- New York City Reit, Inc. Earnings Call Highlights
- New York City REIT Discusses Q3 Results and Foreclosure
- American Strategic Investment Co. Reports Turnaround with Real Estate Gains
- American Strategic Investment Co. Investor Presentation Highlights
- American Strategic Investment Co. Reports Q3 2025 Results
