Fresh vine wine, inc. submits plan of compliance to nyse american

Minneapolis, oct. 17, 2023 (globe newswire) -- fresh vine wine, inc. (nyse american: vine) today announced that it has submitted a plan of compliance to nyse american llc (“nyse american”) addressing how the company intends to regain compliance with nyse american's minimum stockholders' equity requirements for continued listing. the company previously announced that it had received notice from nyse american that it was not in compliance with the continued listing standard set forth in section 1003(a)(ii) of the nyse american company guide (the “company guide”), which requires a listed company that has reported losses from continuing operations and/or net losses in three of its four most recent fiscal years to maintain at least $4 million of stockholders' equity.
VINE Ratings Summary
VINE Quant Ranking