InnSuites Hospitality Trust receives NYSE American listing compliance notice
InnSuites Hospitality Trust received written notice on June 24, 2026, from NYSE American that it failed to comply with continued listing standards under Section 1003(a)(i) of the NYSE American Company Guide due to a stockholders' deficit of approximately $(921,921) as of April 30, 2026, and losses in two of its three most recent fiscal years ended January 31, 2026. The Trust has until July 24, 2026, to submit a compliance plan outlining actions to regain compliance by December 24, 2027, which may include conversion of RRF LLLP units into shares, conversion of related-party debt into equity, capital-raising transactions, and operational improvements. The notice has no immediate effect on trading, but failure to submit a plan, obtain acceptance, or demonstrate progress may result in delisting proceedings.
Key facts
- Stockholders' deficit of approximately $(921,921) as of April 30, 2026
- Losses from continuing operations and/or net losses in two of its three most recent fiscal years ended January 31, 2026
- Compliance plan due to NYSE American by July 24, 2026
- Compliance deadline of December 24, 2027
- Planned equity increase of approximately $3.0 million to $3.3 million
- Below compliance indicator '.BC' will be disseminated with ticker symbol five business days after notice receipt
- NYSE American Section 1003(a)(i) requires stockholders' equity of at least $2.0 million if company reported losses in two of three most recent fiscal years
- Notice received June 24, 2026
Why it matters
InnSuites faces a 17-month compliance cure window; if it fails to submit an acceptable plan or regain equity above the $2.0 million threshold by December 2027, NYSE American may initiate delisting proceedings, which would remove the company from public trading.
Developing story
- NT 10-Q
- NT 10-K
- 8-Kthis filing
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Derived from 8-K filed 2026-07-01. Not investment advice. View the source filing on SEC.gov →