Ashford announced that the NYSE American has accepted the company’s plan of compliance for continued listing on the exchange. On February 27, the company received notice from the NYSE American that it had accepted the company’s plan and granted a plan period through June 20, 2025. During the plan period the company will be subject to quarterly review to determine if it is making progress consistent with the plan. If the company does not regain compliance with the NYSE American listing standards by June 20, 2025, or if the company does not make sufficient progress consistent with its plan, then the NYSE American may initiate delisting proceedings.
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