Jun. 12 at 1:41 PM
$PMNT NYSE American to Commence Delisting Proceedings Against Perfect Moment Ltd. (PMNT)
https://www.businesswire.com/news/home/20260612839801/en/NYSE-American-to-Commence-Delisting-Proceedings-Against-Perfect-Moment-Ltd.-PMNT
NYSE Regulation has determined that the Company is no longer suitable for listing pursuant to Section 1009(a) of the NYSE American Company Guide (the “Company Guide”) as the Company was unable to demonstrate that it had regained compliance with Sections 1003(a)(i) and (ii) of the Company Guide by the end of the maximum 18-month compliance plan period, which expired on June 11, 2026.
PMNT can file an appeal:
Following such appeal, a decision by the Panel will be made and announced by NYSE American regarding either proceeding with suspension and delisting or continued trading in the Company’s common stock. If the Company does not appeal this determination, NYSE American will announce the date that trading in the Company’s common stock will be suspended.
