Wednesday, April 24, 2024

Loop Media Gets NYSE Warning

Burbank-based multi-channel streaming platform Loop Media reports that it has received a warning from the NYSE American. According to the company, it was advised the company is "not in compliance with the NYSE American continued listing standards" citing "reported stockholder's deficit and "losses from continuing operations and/or net losses in its five most recent fiscal years ended September 30, 2023." The company said it is required to submit a "plan of compliance" by May 23, 2024.