Airspan Networks Reports Notice Of Non-Compliance From NYSE American
Portfolio Pulse from Benzinga Newsdesk
Airspan Networks has received a notice of non-compliance from NYSE American. The company's common stock will continue to be listed on the NYSE American while the company evaluates its alternatives.
July 11, 2023 | 8:36 pm
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Airspan Networks has received a non-compliance notice from NYSE American, which could potentially impact the company's stock listing status.
Receiving a non-compliance notice from a stock exchange is generally a negative signal. It indicates that the company is not meeting the exchange's listing requirements, which could lead to delisting if not rectified. This could negatively impact the company's stock price in the short term as it creates uncertainty around the company's status.
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