{"id":878781,"date":"2025-08-25T18:11:18","date_gmt":"2025-08-25T22:11:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/battalion-oil-corporation-announces-acceptance-of-compliance-plan-by-nyse-american\/"},"modified":"2025-08-25T18:11:18","modified_gmt":"2025-08-25T22:11:18","slug":"battalion-oil-corporation-announces-acceptance-of-compliance-plan-by-nyse-american","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/battalion-oil-corporation-announces-acceptance-of-compliance-plan-by-nyse-american\/","title":{"rendered":"Battalion Oil Corporation Announces Acceptance of Compliance Plan by NYSE American"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">Houston, Texas, Aug.  25, 2025  (GLOBE NEWSWIRE) &#8212; Battalion Oil Corporation (NYSE American: BATL, \u201cBattalion\u201d or the \u201cCompany\u201d) today announced that it received notice from the NYSE American LLC confirming acceptance of the Company\u2019s Plan to regain compliance with its continued listing standards, including granting a Plan period through November 30, 2026, for the Company to execute its compliance strategy.<\/p>\n<p align=\"justify\">As previously disclosed in the Company\u2019s Current Report on Form 8-K filed on June 2, 2025, Battalion received a notice from the NYSE American indicating noncompliance with the continued listing standards set forth in Sections 1003(a)(i) and 1003(a)(ii) of the NYSE American Company Guide. In response, the Company submitted a detailed plan to regain compliance, which was accepted on August 19, 2025.<\/p>\n<p align=\"justify\">During the Plan period, NYSE American staff will monitor the Company\u2019s progress. If Battalion fails to make progress consistent with the plan, the NYSE American may initiate delisting procedures, regardless of the Company\u2019s listing status at that time.<\/p>\n<p align=\"justify\">The Company\u2019s common stock will continue to be listed on the NYSE American under the symbol \u201cBATL,\u201d pursuant to an exception, and remains subject to compliance with all other applicable listing requirements.<\/p>\n<p align=\"justify\">\n        <strong>Management Comments<\/strong>\n      <\/p>\n<p align=\"justify\">\u201cWe appreciate the NYSE American\u2019s acceptance of our compliance plan and the opportunity to demonstrate our commitment to restoring compliance,\u201d said Matt Steele, Chief Executive Officer of Battalion Oil Corporation. \u201cOur team is focused on executing the plan with discipline and urgency, while continuing to strengthen our operations and financial position. We remain confident in our long-term strategy and are committed to delivering value to our shareholders.\u201d<\/p>\n<p align=\"justify\">While the Company is committed to regaining compliance, there can be no assurance that it will be successful within the Plan period. Future developments may also impact the Company\u2019s ability to meet continued listing standards or comply with other NYSE American requirements.<\/p>\n<p>\n        <em><br \/>\n          <strong>Forward Looking Statements<\/strong><br \/>\n        <\/em>\n      <\/p>\n<p align=\"justify\">This press release includes forward-looking statements as defined by U.S. securities laws. These statements are not historical facts and often include words like \u201cexpects,\u201d \u201cbelieves,\u201d \u201cplans,\u201d \u201cestimates,\u201d \u201cmay,\u201d \u201cwill,\u201d or similar expressions. They cover topics such as future production, financial condition, capital spending, and strategic plans. These statements are based on current expectations and involve risks and uncertainties that could cause actual results to differ significantly. Key risks are described in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2024, and other filings with the Securities and Exchange Commission (SEC), available at www.sec.gov or on the Company\u2019s website at www.battalionoil.com. Readers are cautioned not to rely too heavily on these forward-looking statements, which speak only as of the date of this release. The Company does not undertake any obligation to update these statements in light of new information or future events.<\/p>\n<\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTUxNzc4MCM3MTE0NjYzIzIwMDc4Mzg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZjVjOGE4NjYtODc0Yy00Y2FjLWFlMjktMzIwOWVlY2UwYzU0LTEwMTk0MTEtMjAyNS0wOC0yNS1lbg==\/tiny\/Battalion-Oil-Corporation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>BATTALION OIL CORPORATION\r\nMatthew B. Steele\r\nChief Executive Officer\r\n832-538-0300 | www.battalionoil.com<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Houston, Texas, Aug. 25, 2025 (GLOBE NEWSWIRE) &#8212; Battalion Oil Corporation (NYSE American: BATL, \u201cBattalion\u201d or the \u201cCompany\u201d) today announced that it received notice from the NYSE American LLC confirming acceptance of the Company\u2019s Plan to regain compliance with its continued listing standards, including granting a Plan period through November 30, 2026, for the Company to execute its compliance strategy. As previously disclosed in the Company\u2019s Current Report on Form 8-K filed on June 2, 2025, Battalion received a notice from the NYSE American indicating noncompliance with the continued listing standards set forth in Sections 1003(a)(i) and 1003(a)(ii) of the NYSE American Company Guide. In response, the Company submitted a detailed plan to regain compliance, which was accepted on August &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/battalion-oil-corporation-announces-acceptance-of-compliance-plan-by-nyse-american\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Battalion Oil Corporation Announces Acceptance of Compliance Plan by NYSE American&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-878781","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Battalion Oil Corporation Announces Acceptance of Compliance Plan by NYSE American - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/battalion-oil-corporation-announces-acceptance-of-compliance-plan-by-nyse-american\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Battalion Oil Corporation Announces Acceptance of Compliance Plan by NYSE American - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Houston, Texas, Aug. 25, 2025 (GLOBE NEWSWIRE) &#8212; Battalion Oil Corporation (NYSE American: BATL, \u201cBattalion\u201d or the \u201cCompany\u201d) today announced that it received notice from the NYSE American LLC confirming acceptance of the Company\u2019s Plan to regain compliance with its continued listing standards, including granting a Plan period through November 30, 2026, for the Company to execute its compliance strategy. As previously disclosed in the Company\u2019s Current Report on Form 8-K filed on June 2, 2025, Battalion received a notice from the NYSE American indicating noncompliance with the continued listing standards set forth in Sections 1003(a)(i) and 1003(a)(ii) of the NYSE American Company Guide. 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As previously disclosed in the Company\u2019s Current Report on Form 8-K filed on June 2, 2025, Battalion received a notice from the NYSE American indicating noncompliance with the continued listing standards set forth in Sections 1003(a)(i) and 1003(a)(ii) of the NYSE American Company Guide. 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