Hyperscale Data, Inc. Announces Notice of Noncompliance with NYSE American Listing Standards
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Hyperscale Data, Inc. (NYSE American: GPUS) has been notified by the NYSE American of noncompliance with listing standards due to insufficient stockholders' equity and consecutive annual losses. The company must submit a compliance plan by January 17, 2025, to regain compliance by June 18, 2026.
December 23, 2024 | 10:00 pm
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Hyperscale Data, Inc. has been notified of noncompliance with NYSE American listing standards due to low stockholders' equity and consecutive losses. The company must submit a compliance plan by January 17, 2025.
The notification of noncompliance with NYSE American listing standards is a significant negative development for Hyperscale Data, Inc. This could lead to a loss of investor confidence and potential delisting if compliance is not achieved, likely impacting the stock price negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100