Trinity Place receives noncompliance notice from NYSE American

Trinity Place Holdings announced that on November 29, 2023 it received a letter from the NYSE American LLC advising the company is not in compliance with the NYSE American continued listing standards set forth in Sections 1003(a)(i) and (ii) of the NYSE American Company Guide given the reported stockholders’ deficit as of September 30, 2023, and losses from continuing operations and/or net losses in three of its four most recent fiscal years ended December 31, 2022. The Notice has no immediate impact on the listing of the company’s shares of common stock, par value 1c per share, which will continue to be listed and traded on the NYSE American during the period mentioned below, subject to the company’s compliance with the other listing requirements of the NYSE American. The Common Stock will continue to trade under the symbol “TPHS“, but will have an added designation of “.BC” to indicate the status of the Common Stock as “below compliance”. The Notice does not affect the company’s ongoing business operations or its reporting requirements with the Securities and Exchange Commission.