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New York Mortgage Trust, Inc.
NYMT announced that it received written notice from The Nasdaq Stock Market advising the Company that, as a result of the appointment of David R. Bock to the Company's Board of Directors and its Audit Committee, the Company has regained compliance with the independent director and audit committee requirements for continued listing on Nasdaq as set forth in the Nasdaq Listing Rules.
With Mr. Bock's appointment to the Board as an independent director, the Company's Board is again comprised of a majority of independent directors.
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