- Impac Mortgage ( NYSE: IMH ) received notice from NYSE American that it is not in compliance with the continued listing standards.
- This is because stockholders’ equity is less than $4M and has reported losses from continuing operations and/or net losses in three of its four most recent fiscal years and has stockholders’ equity of less than $6M and has reported losses from continuing operations and/or net losses in its five most recent fiscal years.
- Company intends to regain compliance with the sections by February 26, 2024.
For further details see:
Impac Mortgage receives NYSE letter for non-compliance