Eason Technology Receives NYSE American Non-Compliance Notice
Reuters
Oct 21
Eason Technology Receives NYSE American Non-Compliance Notice
Eason Technology Limited has announced that it received a notice from NYSE Regulation indicating the company is not in compliance with the continued listing standards of NYSE American. The notice states that Eason Technology reported stockholders' equity of approximately USD $3.8 million as of December 31, 2024, and recorded net losses in three of its four most recent fiscal years, falling below the requirements outlined in Section 1003(a)(ii) of the NYSE American Company Guide. The company must submit a compliance plan by November 13, 2025, explaining how it will meet the standards by April 14, 2027. Failure to submit an acceptable plan or to regain compliance could result in delisting from the exchange, although the company's shares will continue to trade on NYSE American during the review period.
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