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0 0 -0.0245445344129554 0.0121457489878543 0.0344129554655871 0.0344129554655871 -0.0131578947368421 0.0374493927125506
Stock impact report

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 Show less Read more
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