Azitra, Inc. received a notice from the NYSE American approving their plan to come into compliance with the Exchange's listing standards.
The company must regain compliance by April 1, 2027, or face delisting proceedings.
Azitra will continue its listing on NYSE American and undergo periodic reviews for compliance with the Plan.
Listing Standards Compliance Plan Approval
Azitra received acceptance of their plan to comply with NYSE American listing standards.
Compliance Deadline
Azitra must regain compliance by April 1, 2027, to avoid potential delisting.
Ongoing Monitoring
The company will be subject to quarterly reviews until compliance is regained.
- The receipt of the notice has no immediate effect on Azitra's stock trading or business operations.
- Azitra is committed to exploring funding avenues to meet the Exchange's requirements.
Azitra is actively working towards compliance with NYSE American listing standards to maintain its presence on the exchange. The company's strategic approach and ongoing monitoring demonstrate a commitment to meeting regulatory requirements.