Power REIT Receives Notice Resolving NYSE American Listing Standards Deficiency
Power REIT (MD) (PW)
NASDAQ:AMEX Investor Relations:
pwreit.com/?page_id=11
Company Research
Source: GlobeNewswire
Old Bethpage, New York, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Power REIT (NYSE-AMEX: PW and PW.PRA) (“Power REIT” or the “Trust”), today announced that it received a notice from the NYSE American LLC rescinding its letter dated September 3, 2024 (the “Deficiency Letter”). As previously disclosed, the Deficiency Letter stated that the Trust was not in compliance with the continued listing standards of the Exchange because the Trust was below compliance with Section 1003(a)(i) of the NYSE American Company Guide (the “Company Guide”), requiring stockholders’ equity of $2.0 million or more if it has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years. As part of evaluating a plan to comply with the NYSE American listing requirements, the Trust embarked on analysis of the accounting treatment for its Preferred Shares which historically were classified as Mezzanine Equity. Based on its review, the Trust determined that the Preferred Sh
Show less
Read more
Impact Snapshot
Event Time:
PW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PW alerts
High impacting Power REIT (MD) news events
Weekly update
A roundup of the hottest topics
PW
News
- Power REIT (NYSE: PW) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- Power REIT (NYSE: PW) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Power REIT (NYSE: PW) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Power REIT (NYSE: PW) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Power REIT Receives Notice Resolving NYSE American Listing Standards Deficiency [Yahoo! Finance]Yahoo! Finance
PW
Sec Filings
- 10/31/24 - Form 10-Q
- 9/26/24 - Form 8-K
- 9/26/24 - Form 8-K
- PW's page on the SEC website