Business News • MarketWire • NYSE Amex Accepts Eastern Light's Plan to Meet Continued Listing Standards |
NYSE Amex Accepts Eastern Light's Plan to Meet Continued Listing Standards |
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NYSE Amex Accepts Eastern Light's Plan to Meet Continued Listing Standards
SAN FRANCISCO, CA--(Marketwire - July 30, 2010) - Eastern Light Capital, Inc. ("ELC") (NYSE Amex: ELC), a specialty lender organized as a real estate investment trust, announced today that the Corporate Compliance Staff of the NYSE Amex LLC (the "Exchange") has accepted ELC's plan to meet the Exchange's continued listing standards and has granted ELC an extension through November 8, 2010, to become compliant with the $1 million market value of publicly held shares standard, and thereafter, through November 7, 2011, to become compliant with the $6 million stockholders' equity requirement.
View More : http://www.marketwire.com/mw/release.do?id=1298311&sourceType=3
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