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Satixfy says NYSE American accepted plan to regain compliance with listing standards

Feb. 08, 2024 8:55 AM ETSatixfy Communications Ltd. (SATX) StockBy: Jaskiran Singh, SA News Editor
  • SatixFy Communications (NYSE:SATX) Thursday said the NYSE American determined to accept the company's plan to regain compliance with listing standards and grant a plan period for targeted completion of the plan through May 30, 2025.
  • The NYSE American will review the company periodically for compliance with the initiatives outlined in the plan, the company added.
  • This follows the prior written notice from the NYSE American, sent on Nov. 30, 2023, stating that the company is not in compliance with the continued listing standards. 
  • SATX +10.46% premarket to $0.4088
  • Source: Press Release

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