BDR - Blonder Tongue receives non compliance notice

NYSE American notified Blonder Tongue (BDR) that it is not in compliance with the continued listing standard.The company reported $1.24M stockholders' equity as of Dec.31, 2020 which is below the $2M minimum stockholders' equity requirement.Also, it has reported losses from continuing operations and/or net losses in each of its five most recent fiscal years, including the fiscal year ended Dec. 31, 2020.The company has a Dec.10, 2021 deadline to regain compliance with the listing standards.Shares trading 0.7% down premarket

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Blonder Tongue receives non compliance notice