Enservco announced it has received a notice of noncompliance from NYSE Regulation because the company’s stockholders’ equity of approximately $5.2M for the second quarter ended June 30, was below the required minimum level of $6M. This NYSE notice has no immediate effect on the listing or trading of the company’s common stock. On or before January 9, 2023, Enservco is required to submit a plan to cure the deficiency and regain compliance with continued listing standards. If the NYSE accepts such plan, Enservco will have 18 months – or until June 9, 2024 – to regain compliance.
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