Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On
The Company has had preliminary discussions with the NYSE regarding possible
alternatives in light of this determination, and based on the discussions with
the NYSE, the Company is currently focused primarily on the possibility of
transitioning its listing to the NYSE American, which is part of the NYSE group
of exchanges. The listing standards of the NYSE American include a lower public
float standard than that of the NYSE (
There can be no assurance that the Company will be able to obtain an alternative listing on the NYSE American or otherwise or that the transition from the NYSE to the NYSE American, if it can be effected, can be effected without a time gap in being listed.
The foregoing actions and their consequences could affect the liquidity and value of the Company's Securities.
Forward Looking Statements
This Current Report on Form 8-K includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target", "may", "intend", "predict", "should", "would", "predict", "potential", "seem", "future", "outlook" or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters.
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