Battalion Oil Corporation (BATL) announced it has regained full compliance with the continued listing standards of the NYSE American exchange. The company received a notification letter on September 16, 2026, confirming the resolution of a previously disclosed deficiency related to minimum stockholders' equity.
Key Details
- Compliance Restored: NYSE American confirmed that Battalion Oil is back in compliance and will be removed from the exchange's list of noncompliant issuers. The compliance indicator on its stock will also be removed.
- Original Deficiency: The company was previously notified on May 30, 2025, that it was not in compliance with Sections 1003(a)(i) and 1003(a)(ii) of the exchange's guide regarding minimum stockholders’ equity.
- Resolution Timing: The company resolved the issue by demonstrating compliance for two consecutive quarters, well ahead of its November 30, 2026, deadline.