The NYSE American Accepts SatixFy’s Plan to Regain Compliance with Listing Standards
SatixFy Communications Ltd. (SATX)
Company Research
Source: Business Wire
REHOVOT, Israel--(BUSINESS WIRE)--SatixFy Communications Ltd. (the “Company” or “SatixFy”) (NYSE American: SATX), a leader in next-generation satellite communication systems based on in-house-developed chipsets, announced that on February 6, 2024, it received written notice from the NYSE American LLC (“NYSE American”) stating that it has reviewed the Company’s January 5, 2024 plan of compliance addressing how it intends to regain compliance with certain NYSE American continued listing standards (the “Plan”) and determined to accept the Plan and grant a plan period for targeted completion of the Plan through May 30, 2025. The Plan is based in part on expected upcoming business progress and technological development, including potential positive announcements it expects to report of new customers and new orders that it believes should evidence that its valuation should be higher. The NYSE American will review the Company periodically for compliance with the initiatives outlined in t
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SATX
News
- SatixFy Announces Full Year 2023 ResultsBusiness Wire
- SatixFy’s Space Chips Advance into Customer Testing StageBusiness Wire
- SatixFy to Showcase its Cutting-Edge Space-to-Ground SatCOM Solutions at Satellite Show 2024Business Wire
- SatixFy to Participate at the 36th Annual ROTH Conference on March 18, 2024Business Wire
SATX
Sec Filings
- 4/3/24 - Form 144
- 3/29/24 - Form 6-K
- 3/29/24 - Form 20-F
- SATX's page on the SEC website