Atlas Energy Group, LLC (NYSE: ATLS) (“ATLS” or “the Company”) announced today that the New York Stock Exchange (“NYSE”), on December 23, 2015, notified the Company that it had fallen below the NYSE’s continued listing standards relating to minimum average global equity market capitalization and total stockholders’ equity, which require that its average global market capitalization be not less than $50 million over a consecutive 30 trading-day period, and its total stockholders’ equity be not less than $50 million.
As required by NYSE procedures, the Company has the ability to submit a plan to the NYSE within 45 days from the receipt of the NYSE notice that demonstrates its ability to regain compliance with the listing standards within 18 months.
