Atlas Financial Holdings, Inc. (NASDAQ:AFH) Files An 8-K Regulation FD Disclosure

Atlas Financial Holdings, Inc. (NASDAQ:AFH) Files An 8-K Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure.

As previously announced via the filing of a Form 8-K with the Securities and Exchange Commission, Atlas Financial Holdings, Inc. (the “Company”) received a notice from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company’s securities would be subject to delisting from Nasdaq unless the Company timely requested a hearing before a Nasdaq Hearings Panel (the “Panel”). The Company was further advised that, notwithstanding a hearing request, the automatic stay of suspension of trading in the Company’s securities would only remain in effect until August 13, 2019, unless the Panel determined to extend the stay. Following its timely request for a hearing and a request for an extended stay, on August 13, 2019, the Company received a letter from the Panel indicating that the Panel had determined to extend the stay through the completion of the hearings process and the expiration of any additional extension period granted by the Panel following the hearing. As a result, the Company’s securities are expected to continue to trade on Nasdaq through the completion of the hearings process. However, there can be no assurance that the Panel will grant a further extension for the Company to demonstrate that it has regained compliance with all applicable requirements or that the Company will ultimately be able to regain compliance with all applicable listing requirements. The Company anticipates receiving further information in late September or early in the fourth quarter 2019.
An ad to help with our costs