Battalion Oil Corporation received notice from the NYSE American confirming acceptance of its compliance plan.
Plan period granted through November 30, 2026, for the Company to execute its strategy.
Company's common stock will continue to be listed on NYSE American under symbol 'BATL'.
Compliance Plan Acceptance
NYSE American accepted Battalion's detailed plan to regain compliance on August 19, 2025.
Monitoring Progress
NYSE American staff will monitor the Company's progress during the Plan period. Noncompliance may lead to delisting procedures.
Management Commitment
CEO Matt Steele emphasized the team's commitment to restoring compliance, strengthening operations, and delivering shareholder value.
- The Company's future compliance and listing status are crucial to its operations and market perception.
- Risk factors related to compliance and strategic plans could significantly impact results and share value.
Battalion Oil Corporation's compliance plan acceptance is a positive step, but uncertainties remain. Management's commitment and market developments will play a key role in regaining and maintaining compliance.