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Stock impact report

Protalix BioTherapeutics Receives Listing Deficiency Letter from NYSE American

Protalix BioTherapeutics, Inc. (DE) (PLX) 
Company Research Source: GlobeNewswire
CARMIEL, Israel, Aug. 30, 2019 (GLOBE NEWSWIRE) -- Protalix BioTherapeutics, Inc. (NYSE American:PLX) (TASE:PLX), a biopharmaceutical company focused on the development and commercialization of recombinant therapeutic proteins including a late-stage clinical product expressed through its proprietary plant cell-based expression system, ProCellEx®, today announced that it received a deficiency letter from NYSE American LLC (the “NYSE American”) stating that the Company is not in compliance with the continued listing standards as set forth in Section 1003(a)(i) – (iii) of the NYSE American Company Guide (the “Company Guide”) as it has reported a stockholders’ equity deficiency as of June 30, 2019 and net losses in its five most recent fiscal years ended December 31, 2018. The letter has no immediate effect on the listing of the Company’s common stock on the NYSE American.  The Company’s common stock will trade on the NYSE American while it regains compliance with the continued listing Show less Read more
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