Houston-based oil and gas producer Camber Energy Inc. (NYSE American: CEI) has once again fallen out of compliance with NYSE American listing standards.
The company ran afoul of a provision in the NYSE American rulebook that allows the exchange to delist a company when it sells at a low price per share for a substantial period of time, according to a Dec. 7 Camber press release.
Camber has until June 3 to regain compliance through a reverse stock split or otherwise improving its share price, according…
Houston Biz Journal
Houston energy co. warned of delisting — again