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Stock impact report

ASHFORD ANNOUNCES ACCEPTANCE OF COMPLIANCE PLAN BY NYSE AMERICAN

Ashford Inc. (Holding Company) (AINC) 
NASDAQ:AMEX Investor Relations: ashfordinc.com
Company Research Source: PR Newswire
DALLAS, March 1, 2024 /PRNewswire/ --  Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that the NYSE American LLC (the "NYSE American") has accepted the Company's plan of compliance for continued listing on the exchange.As previously reported, on December 20, 2023, the Company received notification (the "Letter") from the NYSE American that it was not in compliance with the continued listing standards set forth in the NYSE American Company Guide (the "Company Guide"). Specifically, the Letter indicated that the Company was not in compliance with Sections 1003(a)(i) and 1003(a)(ii) of the Company Guide, requiring a listed company to have stockholders' equity of (i) at least $2.0 million if it has reported losses from continuing operations or net losses in two of its three most recent fiscal years and (ii) at least $4.0 million if it has reported losses from continuing operations or net losses in three of its four most recent fiscal years. The Letter note Show less Read more
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