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JRjr33 receives noncompliance notice from NYSE American

JRjr33 Inc., doing business as JRJR Networks, on Dec. 11 said it received notification from NYSE American LLC regarding its noncompliance with NYSE MKT continued listing standards related to the minimum selling price of a listed security.

The company's securities have been selling for a low per-share price, and NYSE American is giving the company until June 5, 2018, to demonstrate sustained price improvement.

Shares of the company will remain on the NYSE MKT under the trading symbol JRJR, but will have a designation of ".BC" added to indicate that it is not in compliance with the exchange's listing standards.