American Strategic Investment announced that on the company received a written notice from NYSE that the company did not presently satisfy the NYSE’s continued listing standards under Section 802.01B of the NYSE listed company manual, which requires the company’s 30-trading day average market capitalization to be not less than $50M and the company’s stockholders’ equity to be not less than $50M.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NYC: