DDC Enterprise announces NYSE American accepted plan to regain compliance

DDC Enterprise announced that it received a notice from the NYSE American dated July 9, 2024, notifying the Company that it has accepted the Company’s plan to regain compliance with NYSE American’s continued listing standards. The NYSE American has reviewed DDC‘s compliance plan and information submitted on May 23, 2024, and has allowed the Company to work towards regaining compliance by October 23, 2025. During this time, the Company will be subject to quarterly monitoring for compliance with the plan. If the Company does not regain compliance with NYSE American’s listing standards by October 23, 2025, or if the Company does not make progress consistent with its plan, then the NYSE American will initiate delisting proceedings at that time. Although DDC is not currently in compliance with continued listing standards, its listing is being continued pursuant to the extension granted by the Notice.