SatixFy Communications Ltd. (the "Company" or "SatixFy") (NYSE:SATX), today announced that it has regained compliance with the continued listing standards of the NYSE American LLC ("NYSE American").
On December 16, 2024, SatixFy received written notice from the NYSE American confirming that the Company has resolved the continued listing deficiencies previously referenced in NYSE American's letter, dated November 30, 2023 and set forth in Sections 1003(a)(i), (ii) and (iii) of the NYSE American Company Guide (the "Company Guide"). NYSE confirmed that the Company has demonstrated compliance with the continued listing standard for a period of two consecutive quarters as required under Section 1009(f) of the Company Guide.
SatixFy remains committed to maintaining full compliance with NYSE American listing requirements and continues to focus on its operational and financial objectives.