NYSE American to Commence Delisting Proceedings Against Camber Energy, Inc. (CEI)
08 August 2024 - 6:15AM
Business Wire
NYSE American LLC (“NYSE American” or the “Exchange”) announced
today that the staff of NYSE Regulation has determined to commence
proceedings to delist the common stock of Camber Energy, Inc. (the
“Company”) — ticker symbol CEI — from NYSE American. Trading in the
Company’s common stock will be suspended immediately.
NYSE Regulation has determined that the Company is no longer
suitable for listing pursuant to Section 1003(f)(v) of the NYSE
American Company Guide due to the low selling price of the common
stock.
The Company has a right to a review of the staff’s determination
to delist the common stock by the Listings Qualifications Panel of
the Committee for Review of the Board of Directors of the Exchange.
The NYSE American will apply to the Securities and Exchange
Commission to delist the Company’s common stock upon completion of
all applicable procedures, including any appeal by the Company of
the NYSE Regulation staff’s decision.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240807954394/en/
Company Contact: Investors
and Media: ir@camber.energy Tel: (281) 404-4387
NYSE Contact: NYSE
Communications PublicRelations-NYSE@ice.com