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home / news releases / bitnile receives nyse american non compliance notice

NILE - BitNile receives NYSE American non-compliance notice

Blue Nile Inc.
  • BitNile ( NYSE: NILE ) has received a notice of non-compliance from NYSE American.
  • The shares of the company's common stock have been selling for a low price for a substantial period of time. Pursuant to Section 1003(f)(v) of the NYSE American Company Guide, the company's continued listing is predicated on it effecting a reverse stock split or otherwise demonstrating sustained price improvement within a reasonable period of time, which the Exchange determined to be no later than May 2, 2023.
  • NILE shares are down over 3% premarket

For further details see:

BitNile receives NYSE American non-compliance notice
Stock Information
Company Name: Blue Nile Inc.
Stock Symbol: NILE
Market: NYSE
Website: bluenile.com
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