NYSE American To Commence Delisting Proceedings Against Regional Health Properties, Inc.
Author: Benzinga Newsdesk | November 11, 2024 09:37am
NYSE American LLC ("NYSE American" or the "Exchange") announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the two securities enumerated below ("Securities") of Regional Health Properties, Inc. (the "Company") from the Exchange.
Symbol
Description
RHE
Common Stock, no par value
RHE-PA
Series A Redeemable Preferred Shares, no par value
NYSE Regulation has determined that the Company is no longer suitable for listing pursuant to Section 1009(a) of the NYSE American Company Guide (the "Company Guide") as the Company was unable to demonstrate that it had regained compliance with Sections 1003(a)(i) and (ii) of the Company Guide by the end of the maximum 18-month compliance plan period, which expired on November 10, 2024.
