trending Market Intelligence /marketintelligence/en/news-insights/trending/QRDRGTlwX8QL5Sq9Y-WHgQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

American Resources receives Nasdaq noncompliance notice

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August

American Resources receives Nasdaq noncompliance notice

American Resources Corp. received a letter from the Nasdaq Stock Market that the company is not in compliance with the exchange's listing rule, after the closing bid price of the company's common stock fell below the minimum $1 for the last 30 consecutive business days.

The company has until April 6, 2020, to regain compliance by having its common stock close at $1 per share or more for a minimum of 10 consecutive business days. If not, the exchange may grant the company another 180 days to meet the minimum bid price requirement as long as it complies with other listing standards.

American Resources' common stock will be subject to delisting if it fails to regain compliance with the minimum bid price requirement, according to an Oct. 11 filing.