IMPAC Mortgage to be delisted from NYSE

NYSE announced that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Impac Mortgage from the exchange. Trading in the company’s common stock on the NYSE American will be suspended immediately. The company is currently below compliance with the $2M, $4M and $6M stockholders’ equity requirements of Section 1003(a)(i), (ii) and (iii) of the NYSE American Company Guide. NYSE Regulation has determined that the company is no longer suitable for listing pursuant to Section 1009 of the NYSE American Company Guide, since the company informed the exchange that it cannot demonstrate an ability to return to compliance within 18 months of notice from the exchange.