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Article: American Biltrite Listing Requirement Compliance Plan Accepted by NYSE Amex.
- Article from:
- Real Estate Weekly News
- Article date:
- September 25, 2009
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American Biltrite Inc. (NYSE Amex: ABL) reported that on August 31, 2009 it received a letter from the NYSE Amex LLC (the "Amex") indicating that the Amex had accepted a plan submitted by American Biltrite to regain compliance with certain continued listing standards, and would extend the deadline for meeting those standards to November 29, 2010. American Biltrite's listing on the Amex is being continued pursuant to this extension. As previously reported, the Amex had previously advised American Biltrite that it was not in compliance with Section 1003(a)(i) of the NYSE Amex Company Guide, with stockholders' equity of less than $2,000,000 and losses from continuing ...