Battalion Oil Corp. received notice on Jan. 5 from NYSE American LLC that the company was not in compliance with NYSE American’s continued listing standards, Battalion announced Jan. 9.

The notice cited the company failing to hold an annual meeting of stockholders during the fiscal year ending Dec. 31, 2023 as non-compliant with the continued listing standards set forth in Section 704 of the NYSE American company guide.

The 2023 annual meeting of stockholders is set for Feb. 7, 2024 in Houston, Texas. Once the meeting is held, Battalion Oil expects to regain compliance with NYSE American’s continued listing standards.

Comments