NYSE Accepts Maui Land & Pineapple's Continued Listing Plan

Loading...
Loading...
Maui Land & Pineapple Company, Inc.
MLP
announced today that the New York Stock Exchange (NYSE) has accepted the Company's plan for continued listing on the NYSE. As a result, the Company's common stock will continue to be listed on the NYSE, subject to quarterly reviews by the NYSE to monitor the Company's progress against the plan. The NYSE notified the Company on October 23, 2012 that the Company had fallen below the NYSE's continued listing standards because its average market capitalization was less than $50 million over a 30 trading-day period and its most recently reported shareholders' equity was less than $50 million. With the acceptance of the plan, the Company has 18 months from the original notification date
See full press release
Market News and Data brought to you by Benzinga APIs
Posted In: NewsGuidanceManagement
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...