NYSE American, formerly known as the American Stock Exchange, said that Impac was “below compliance” with its shareholders’ equity rules.
The exchange gave Impac multiple warnings about the possibility of delisting. The company may appeal.
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NYSE American has delisted Impac Mortgage’s common shares from trading on the exchange. So reports NEXTMortgageNews.
NYSE American, formerly known as the American Stock Exchange, said that Impac was “below compliance” with its shareholders’ equity rules.
The exchange gave Impac multiple warnings about the possibility of delisting. The company may appeal.