WILL APE STOCK BE DELISTED?! SQUEEZE OVER? - AMC Stock Short Squeeze Update

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Links;
https://www.winston.com/en/capital-markets-and-securities-law-watch/stock-exchange-deficiency-notices-and-reverse-stock-split-considerations.html
https://www.investopedia.com/terms/d/delisting.asp
https://www.investopedia.com/ask/answers/09/stock-delist.asp
https://twitter.com/nakedjockman/status/1600164642067996672

Ape has fallen below $1 per share, does that mean APE will soon be delisted?

Ape has triggered the 30 day de-listing notification, that means in 30 days AMC will receive an Initial Delisting Notice, AMC then has 6 months/180 days for APE to resolve the $1 deficiency.

Adam Aron can always force this resolution by performing a reverse split of the APE stock, a 1 for 10 reverse split would bring the APE price back to $9 or $10 per share. It would also mean that Adam Aron can still issue 450m new shares.

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