PARTS iD Announces Acceptance Of Compliance Plan By NYSE American
Portfolio Pulse from Happy Mohamed
PARTS iD, Inc. (NYSE:ID) has announced that the NYSE American has accepted its business plan to regain compliance with the Exchange's continued listing standards regarding stockholders' equity. The company had previously been notified of non-compliance with these standards. The NYSE American has granted a plan period through November 23, 2024 for the company to regain compliance.
August 14, 2023 | 9:09 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
PARTS iD's plan to regain compliance with NYSE American's listing standards has been accepted. The company has until November 23, 2024 to meet these standards.
The acceptance of PARTS iD's compliance plan by NYSE American is a positive development for the company. It shows that the Exchange has confidence in the company's ability to meet the listing standards by the given deadline. This could potentially boost investor confidence in the company, leading to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100