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Stock impact report

BARNWELL INDUSTRIES, INC. ANNOUNCES ACCEPTANCE OF COMPLIANCE PLAN BY NYSE AMERICAN

Barnwell Industries, Inc. (BRN) 
NASDAQ:AMEX Investor Relations: brninc.com
Company Research Source: GlobeNewswire
CONTACT:Alexander C. Kinzler Chief Executive Officer and President   Russell M. Gifford Executive Vice President and Chief Financial Officer   Tel: (808) 531-8400 HONOLULU, April 08, 2020 (GLOBE NEWSWIRE) -- Barnwell Industries, Inc. (NYSE American: BRN) (the “Company”) today announced that the NYSE American LLC (the “Exchange”) has accepted the Company’s plan of compliance (the “Plan”) for continued listing on the Exchange. As previously reported, on January 13, 2020, the Company received a letter from NYSE American Staff indicating that the Company is not in compliance with certain continued listing standards relating to stockholders equity as set forth in Part 10, Section 1003 of the NYSE American Company Guide (the “Guide”). Based on the Company’s annual report on Form 10-K for the fiscal year ended September 30, 2019, which was filed with the Securities and Exchange Commission (SEC) on December 20, 2019, the Company was below compliance with Part 10, Sections 1003(a)(i) and Show less Read more
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