cbdMD, Inc. Announces Notification of Noncompliance with Additional NYSE American Continued Listing Standard

Date:

January 03, 2025 4:44 PM EST | Source: cbdMD

Charlotte, North Carolina–(Newsfile Corp. – January 3, 2025) – cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA) ,one of the nation’s leading and most highly trusted and recognized CBD companies, and operator of the leading CBD brands cbdMD and Paw CBD, along with its new functional mushroom brand ATRx Labs, today announced that it received a notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) dated December 31, 2024, notifying the Company that it is no longer in compliance with an additional NYSE American continued listing standard. Specifically, the letter states that the Company is not in compliance with the continued listing standard set forth in Section 1003(a)(i) of the NYSE American Company Guide (the “Company Guide”). Section 1003(a)(i) requires a listed company to have stockholders’ equity of $2 million or more if the listed company has…

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