AEMETIS, INC. (NASDAQ:AMTX) Files An 8-K Other Events
Item 8.01
AEMETIS, INC. (NASDAQ:AMTX) Files An 8-K Other Events
Other Events.
On August 11, 2020, Aemetis, Inc. (the “Company”) received notice from The NASDAQ Stock Market (“NASDAQ”) confirming that for the last 10 consecutive trading days, the minimum market value of publicly held shares of the Company’s common stock has been equal to or in excess of the $15,000,000 minimum market value of publicly held shares requirement for continued listing, as required by Nasdaq Listing Rule5450(b)(2)(C).Accordingly, NASDAQ has determined that the Company has regained compliance with Nasdaq Listing Rule5450(b)(2)(C) and this matter is now closed.
On August 12, 2020, Company received notice from NASDAQ confirming that for the last 10 consecutive trading days, the closing bid price of the Company’s common stock has been equal to or in excess of the $1.00 per share minimum bid price requirement for continued listing, as required by Nasdaq Listing Rule5450(a)(1).Accordingly, NASDAQ has determined that the Company has regained compliance with Nasdaq Listing Rule5450(a)(1) and this matter is now closed.
About AEMETIS, INC. (NASDAQ:AMTX)
Aemetis, Inc. is an international renewable fuels and biochemicals company. The Company is focused on the production of fuels and chemicals through the acquisition, development and commercialization of technologies that replace traditional petroleum-based products by conversion of first-generation ethanol and biodiesel plants into biorefineries. Its segments include North America and India. The North America segment includes the Company’s approximately 60 million gallon per year capacity ethanol manufacturing plant in Keyes, California and its technology lab in College Park, Maryland. The India segment includes the Company’s over 50 million gallon per year capacity biodiesel manufacturing plant in Kakinada, the administrative offices in Hyderabad, India, and the holding companies in Nevada and Mauritius. The Keyes plant produces denatured ethanol, Wet Distillers Grains, corn oil and Condensed Distillers Solubles. It produces biodiesel and refined glycerin at the Kakinada plant.
