It tech packaging, inc. announces notification of nyse american continued listing deficiency and intention to complete a reverse stock split

Baoding, china , june 24, 2022 /prnewswire/ -- it tech packaging, inc. (nyse american: itp) ("it tech packaging" or the "company"), a leading manufacturer and distributor of diversified paper products in north china, announced today that, it had received a deficiency letter ("letter") from nyse american llc ("nyse american" or the "exchange") stating that the company is not in compliance with the continued listing standards as set forth in section 1003(f)(v) of the nyse american company guide ("company guide"). the letter stated that because the company's common stock had been trading for a low price per share for a substantial period of time, the company was not in compliance with section 1003(f)(v) of the company guide.
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