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Article: Impac Mortgage Holdings, Inc. Notified by NYSE of Non-Compliance with Continued Listing Standards.
- Article from:
- PR Newswire
- Article date:
- December 4, 2007
CopyrightCOPYRIGHT 2007 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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IRVINE, Calif., Dec. 4 /PRNewswire-FirstCall/ -- Impac Mortgage Holdings, Inc. , or the "Company," or "Impac", a Maryland corporation, being taxed as a real estate investment trust ("REIT"), announces that on November 28, 2007 it was notified by the NYSE Regulation, Inc. ("NYSE Regulation") that it is not in compliance with the New York Stock Exchange's ("NYSE's") continued listing standard related to maintaining a consecutive thirty day average closing stock price of over $1.00 per common share.
(Logo: http://www.newscom.com/cgi-bin/prnh/20070305/LAM033LOGO)
At November 27, 2007, Impac's thirty day average price was $0.91 per common share and its ...
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