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American Resources Corp (NASDAQ:AREC) announced Monday that it has regained compliance with the Nasdaq Stock Market’s minimum bid price requirement. The company received a letter from Nasdaq stating that its stock maintained a closing bid price of $1.00 or greater for the 12 consecutive business days from July 10 to July 25, 2025.
As a result, American Resources has satisfied the conditions set forth in Nasdaq Listing Rule 5550(a)(2), and the matter is now considered closed, according to the company’s press release statement included in its SEC filing.
American Resources Corp is incorporated in Florida and operates in the bituminous coal and lignite mining sector. The company’s principal executive offices are located in Fishers, Indiana.
The information in this article is based on a statement released by American Resources Corp in a filing with the U.S. Securities and Exchange Commission.
In other recent news, American Resources Corporation has launched a new initiative through its subsidiary, ReElement Technologies Corporation, to recycle rare earth magnets, offering toll processing services for recycled materials. These services aim to produce high-purity oxides at competitive costs. Additionally, the company has confirmed its compliance with Nasdaq listing standards after a brief delay in filing its quarterly report, maintaining its standing on the stock exchange. In another development, American Resources secured up to $150 million in financing from the Export-Import Bank of the United States for expanding its critical mineral refinery, which supports the U.S. government’s initiative to increase domestic mineral production.
Furthermore, the company received a delisting notice from Nasdaq due to a late filing but has time to submit a compliance plan. Meanwhile, ReElement Technologies has extended its antimony refining contract to ten years, aiming to enhance its supply capabilities for commercial and defense applications. This contract is expected to generate significant annual revenues, aligning with the rising domestic demand for antimony. These developments reflect American Resources Corporation’s ongoing efforts to strengthen its operations and market position.
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