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Abraxas Out of NASDAQ Compliance Due to Delayed 10-K Filing
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Abraxas Petroleum Corp. has received notice from the NASDAQ market that it is not presently in compliance with the NASDAQ continued listing rules since the Company has not yet filed its Form 10-K for the period ended December 31, 2019.
The company noted that it intends to file its Form 10-K as soon as practicable.
NASDAQ provides for a period of 60 days for the company to regain compliance.
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