Evolve Regains Compliance with NYSE America Continued Listing Standards
October 05 2021 - 9:05AM
Evolve Transition Infrastructure LP (“Evolve” or the “Company”)
(NYSE American: SNMP) today announced it has received written
notice from the NYSE American LLC (the “NYSE American”) that the
Company has regained compliance with continued listing standards
outlined in Part 10, Section 1003 of the NYSE American Company
Guide (the “Company Guide”).
As previously disclosed, the Company received
notice from the NYSE American on April 3, 2020 that it was not in
compliance with Section 1003(a)(i) of the Company Guide.
Subsequently, the Company received notice from the NYSE American on
April 29, 2021 that it was not in compliance with Section
1003(a)(ii) of the Company Guide.
As a result of management’s efforts, the NYSE
American has informed the Company that it has regained compliance
by meeting the requirements of the $50 million market
capitalization exemption from the stockholders’ equity requirement
in Section 1003(a) of the Company Guide. At the opening of trading
on October 5, 2021, the below compliance (“.BC”) indicator was no
longer disseminated and the Company was removed from the list of
NYSE American noncompliant issuers on the NYSE American’s
website.
ABOUT EVOLVE TRANSITION INFRASTRUCTURE
LP
Evolve Transition Infrastructure LP (NYSE
American: SNMP) is a publicly-traded limited partnership formed in
2005 focused on the acquisition, development and ownership of
infrastructure critical to the transition of energy supply to lower
carbon sources.
Additional information about Evolve can be found
in our documents on file with the SEC which are available on our
website at www.evolvetransition.com and on the SEC’s website at
www.sec.gov.
EVOLVE CONTACTCharles WardChief Financial
Officerir@evolvetransition.com(713) 800-9477 |
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