American Resources regains compliance with Nasdaq listing rules

FISHERS, IN - American Resources Corporation (NASDAQ:AREC) has regained compliance with Nasdaq’s minimum bid price requirement, according to a statement based on the company’s Form 8-K filing with the U.S. Securities and Exchange Commission. The company’s stock has shown remarkable resilience, posting a 96.78% return over the past year, according to InvestingPro data.

In a letter received on July 28, 2025, Nasdaq confirmed that American Resources had maintained a closing bid price of $1.00 or greater for 12 consecutive business days from July 10 to July 25, 2025, satisfying the exchange’s Listing Rule 5550(a)(2).

The company, which supplies raw materials to the infrastructure market, had been working to meet the minimum bid price requirement to maintain its Nasdaq listing. With this compliance issue resolved, the matter is now closed.

"Transparency, governance, and compliance remain top priorities for our team," said Mark Jensen, CEO and Chairman of American Resources, in the press release statement.

American Resources focuses on extracting and processing metallurgical carbon used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal for recycling. The company operates primarily in the Central Appalachian basin of eastern Kentucky and southern West Virginia.

The company’s portfolio company, ReElement Technologies Corporation, specializes in refining rare earth and critical battery elements from various sources including recycled materials and coal-based waste streams.

In other recent news, American Resources Corporation has confirmed its compliance with Nasdaq listing standards after addressing a delayed quarterly filing. The company had received a notice regarding the late submission of its Form 10-Q for the quarter ended March 31, 2025, but maintained compliance by filing the necessary document on May 28. Additionally, American Resources announced it has regained compliance with Nasdaq’s minimum bid price rule, having maintained a closing bid price of $1.00 or greater for 12 consecutive business days. In a related development, ReElement Technologies Corporation, a portfolio company of American Resources, has launched a new supply chain for recycling rare earth magnets, offering high-purity products at competitive prices. Furthermore, American Resources, through ReElement, has received a Letter of Interest from the Export-Import Bank of the United States for up to $150 million to expand the Marion Advanced Technology Center. This expansion is part of efforts to enhance the company’s rare earth and critical mineral refining capabilities. These developments highlight American Resources’ ongoing initiatives to strengthen its market position and operational compliance.

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