Ddc enterprise limited reports on nyse american noncompliance notice

New york, april 26, 2024 (globe newswire) -- ddc enterprise limited (nyse american: ddc) (“daydaycook” or the “company”) announced today that on april 23, 2024, the company received notice from nyse american (the “exchange”) that the company currently is below the exchange's continued listing standards set forth in section 1003(a)(i) of the nyse american company guide, which requires the company to have 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. the exchange indicated that because the company reported stockholders' deficit of $(222,572,936) on june 30, 2023 and losses from continuing operations and/or net losses in its two most recent fiscal years ended december 31, 2022, the company was not in compliance with section 1003(a)(i) of the company guide.
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