OLD BRIDGE, NJ / ACCESSWIRE / December 10, 2021 / Blonder Tongue Laboratories, Inc. (NYSE American:BDR) announced that it received notice today from NYSE American LLC ("NYSE American" or the "Exchange") stating that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of the Company from the Exchange because the Company was unable to demonstrate that it had regained compliance with Sections 1003(a)(i), (ii), and (iii) of the NYSE American Company Guide, relating to maintaining a certain level of stockholder's equity if the company has a history of reported losses from continuing operations, by the end of the maximum 18-month compliance plan period, which expired on December 10, 2021. The Company intends to exercise its right to appeal the staff's determination.
Blonder Tongue Announces Receipt of Notice of Delisting from NYSE American - Common Stock Expected to Continue Trading on NYSE American During Appeal Process
Dec 11, 2021
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