11:38 AM EDT, 07/29/2024 (MT Newswires) -- BiomX ( PHGE ) said Monday that the New York Stock Exchange American has notified the company that it has accepted its plan to regain compliance with listing requirements.

The exchange gave BiomX ( PHGE ) until Nov. 23, 2025, to regain compliance with the NYSE American continued listing standards, the company said.

The NYSE sent a deficiency notice to BiomX ( PHGE ) in May as the company did not meet its continued listing criteria by failing to maintain minimum stockholders' equity.

BiomX ( PHGE ) will be subject to periodic reviews by the NYSE during the period for compliance with the objectives in the plan to regain compliance.

Shares of the company were down 5.7% in recent trading.

Price: 0.21, Change: -0.01, Percent Change: -5.72