NYSE American Approves Lilis’ Plan to Regain Compliance
LILIS ENERGY (LLEX)
Last lilis energy earnings: 11/7 05:24 pm
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
FORT WORTH, Texas, Feb. 13, 2020 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE American: LLEX) (the “Company”), an exploration and production company operating in the Permian Basin of West Texas and Southeastern New Mexico, announced that on February 7, 2020 the NYSE American LLC (“NYSE American”) notified the Company that it has accepted the Company’s plan to regain compliance with the NYSE American’s continued listing standards. As previously disclosed, on November 21, 2019, the Company received a letter from the NYSE American stating that the Company was below compliance with Section 1003(a)(i)-(iii) of the NYSE American continued listing standards relating to stockholders’ equity. The Company submitted a compliance plan to the NYSE American on December 20, 2019 advising how the Company plans to regain compliance with the continued listing standards by May 21, 2021. The NYSE American has reviewed and accepted the plan and the Company has been granted until May 21, 2021 to imple
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