Enservco says NYSE American to commence delisting proceedings
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 03 2024
0mins
Source: Business Insider
Delisting Proceedings: Enservco (ENSV) faces delisting from the NYSE due to failing to meet the minimum stockholders' equity requirement of $6M by June 9, as upheld by a Listing Qualifications Panel.
Trading Suspension and OTCQB Application: Following the Panel's decision, trading of Enservco's common stock has been suspended on the NYSE American, but the company plans to be quoted on the OTCQB within one to two weeks.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
