AgEagle Aerial Systems Receives Notice from NYSE American
AgEagle Aerial Systems (NYSE:UAVS), a provider of unmanned aerial systems, received notice from NYSE American accepting the company's compliance plan submitted on May 21, 2025. The plan outlines actions to address non-compliance with minimum stockholders' equity requirements by October 23, 2026.
The company currently has a stockholders' deficit of $5.7 million and reported losses in the past five fiscal years, falling below NYSE American's requirements of $2.0-$6.0 million in stockholders' equity. While UAVS stock will continue trading with a ".BC" designation indicating "below compliance," failure to meet requirements by the deadline could result in delisting proceedings.
AgEagle Aerial Systems (NYSE:UAVS), fornitore di sistemi aerei senza pilota, ha ricevuto comunicazione dalla NYSE American che ha accettato il piano di conformità presentato dalla società il 21 maggio 2025. Il piano descrive le azioni da intraprendere per risolvere la non conformità ai requisiti minimi di patrimonio netto entro il 23 ottobre 2026.
Attualmente, la società presenta un patrimonio netto negativo di 5,7 milioni di dollari e ha registrato perdite negli ultimi cinque esercizi fiscali, risultando al di sotto dei requisiti della NYSE American che prevedono un patrimonio netto compreso tra 2,0 e 6,0 milioni di dollari. Sebbene le azioni UAVS continueranno a essere negoziate con la designazione ".BC" che indica "sotto conformità", il mancato rispetto dei requisiti entro la scadenza potrebbe comportare l'avvio di procedure di esclusione dalla quotazione.
AgEagle Aerial Systems (NYSE:UAVS), proveedor de sistemas aéreos no tripulados, recibió una notificación de NYSE American aceptando el plan de cumplimiento presentado por la empresa el 21 de mayo de 2025. El plan detalla las acciones para abordar el incumplimiento de los requisitos mínimos de patrimonio neto para el 23 de octubre de 2026.
Actualmente, la compañía tiene un déficit de patrimonio neto de 5.7 millones de dólares y ha reportado pérdidas en los últimos cinco años fiscales, situándose por debajo de los requisitos de NYSE American que exigen entre 2.0 y 6.0 millones de dólares en patrimonio neto. Aunque las acciones de UAVS seguirán cotizando con la designación ".BC" que indica "por debajo del cumplimiento", el incumplimiento de los requisitos antes de la fecha límite podría derivar en procedimientos de deslistado.
AgEagle Aerial Systems (NYSE:UAVS)는 무인 항공 시스템 제공업체로서, 2025년 5월 21일 제출한 회사의 준수 계획이 NYSE American에 의해 승인되었음을 통지받았습니다. 이 계획은 2026년 10월 23일까지 최소 주주 자본 요건 미준수 문제를 해결하기 위한 조치를 명시하고 있습니다.
현재 회사는 570만 달러의 주주 자본 적자를 보유하고 있으며, 지난 5개 회계연도 동안 손실을 보고하여 NYSE American의 200만~600만 달러 주주 자본 요건에 미치지 못하고 있습니다. UAVS 주식은 계속해서 "아래 준수"를 의미하는 ".BC" 표시와 함께 거래되지만, 기한 내 요건을 충족하지 못할 경우 상장 폐지 절차가 진행될 수 있습니다.
AgEagle Aerial Systems (NYSE:UAVS), fournisseur de systèmes aériens sans pilote, a reçu une notification de NYSE American acceptant le plan de conformité soumis par la société le 21 mai 2025. Ce plan détaille les actions à entreprendre pour remédier au non-respect des exigences minimales en matière de capitaux propres d'ici le 23 octobre 2026.
La société présente actuellement un déficit de capitaux propres de 5,7 millions de dollars et a enregistré des pertes au cours des cinq derniers exercices fiscaux, ce qui est inférieur aux exigences de NYSE American, qui exigent entre 2,0 et 6,0 millions de dollars de capitaux propres. Bien que les actions UAVS continuent d'être négociées avec la désignation ".BC" indiquant "sous conformité", le non-respect des exigences avant la date limite pourrait entraîner une procédure de radiation.
AgEagle Aerial Systems (NYSE:UAVS), ein Anbieter von unbemannten Luftfahrtsystemen, erhielt eine Mitteilung von der NYSE American, dass der von dem Unternehmen am 21. Mai 2025 eingereichte Compliance-Plan akzeptiert wurde. Der Plan beschreibt Maßnahmen zur Behebung der Nichteinhaltung der Mindestanforderungen an das Eigenkapital bis zum 23. Oktober 2026.
Das Unternehmen weist derzeit ein Eigenkapitaldefizit von 5,7 Millionen US-Dollar auf und meldete in den letzten fünf Geschäftsjahren Verluste, wodurch es unter die Anforderungen der NYSE American von 2,0 bis 6,0 Millionen US-Dollar Eigenkapital fällt. Obwohl die UAVS-Aktien weiterhin mit der Bezeichnung ".BC" für "unterhalb der Compliance" gehandelt werden, könnte ein Versäumnis, die Anforderungen bis zur Frist zu erfüllen, zu Delisting-Verfahren führen.
- NYSE American accepted the company's compliance plan
- Stock continues to trade on NYSE American during compliance period
- Company maintains normal business operations and SEC reporting
- Stockholders' deficit of $5.7 million as of December 31, 2024
- Reported losses for five consecutive fiscal years
- Risk of potential delisting if compliance not achieved by October 2026
- Non-compliance with multiple NYSE American listing requirements
Insights
AgEagle faces NYSE delisting risk due to stockholders' deficit but secured compliance plan approval through October 2026.
The notice from NYSE American represents a significant regulatory development for AgEagle. The exchange has accepted the company's compliance plan to address violations of multiple listing requirements related to stockholders' equity. Currently, AgEagle has a concerning stockholders' deficit of
This acceptance grants AgEagle until October 23, 2026 to resolve these financial deficiencies - approximately 15 months to execute their turnaround strategy. During this period, their stock will continue trading but with a ".BC" designation signaling "below compliance" status.
The NYSE American listing requirements specify minimum stockholders' equity thresholds that escalate based on loss history:
While this plan acceptance prevents immediate delisting, the company remains under heightened scrutiny. The exchange will monitor progress throughout the compliance period and can initiate delisting proceedings if adequate improvement isn't demonstrated. This regulatory challenge adds significant pressure to management to improve financial performance while maintaining operational focus in the competitive drone and unmanned aerial systems market.
WICHITA, Kan., July 14, 2025 (GLOBE NEWSWIRE) -- AgEagle Aerial Systems Inc. (NYSE: UAVS) (the “Company” or “AgEagle”), a leading provider of best-in-class unmanned aerial systems (UAS), sensors and software solutions for customers worldwide in the commercial and government verticals, announced that it received a written notice on July 8, 2025 (the “Notice”) from the NYSE American LLC (the “NYSE American”) notifying the Company that it had determined to accept the plan that the Company submitted on May 21, 2025 (the “Plan”) outlining the actions the Company had taken or will take to regain compliance with Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) (collectively, the “Listing Rules”) of the NYSE American Company Guide (the “Company Guide”) by October 23, 2026 (the “Plan Period”). The Notice stated that if the Company is not in compliance with the Listing Rules by the expiration of the Plan Period, or if the Company does not make progress consistent with the Plan during the Plan Period, the staff of the NYSE American will initiate delisting proceedings as appropriate. The Company may appeal a delisting determination in accordance with Section 1010 and Part 12 of the Company Guide (a “Delisting Appeal”).
The Notice has no immediate impact on the listing of the Company’s shares of common stock, which will continue to be listed and traded on the NYSE American under the symbol “UAVS”, but will have an added designation of “.BC” to indicate the status of the common stock is “below compliance”. The Notice does not affect the Company’s ongoing business operations or its reporting requirements with the Securities and Exchange Commission (the “SEC”).
As previously disclosed, the Company received written notice from the NYSE American on April 23, 2025 that the Company was not in compliance with the minimum stockholders’ equity requirements of Sections 1003(a)(i), 1003(a)(ii) and 1003(a)(iii) of the Company Guide requiring stockholders’ equity of (i)
The Company is exercising diligent efforts and intends to regain compliance with the Listing Rules within the Plan Period, however there can be no assurance that the Company will be able to regain compliance with the Listing Rules prior to the expiration of the Plan Period, that the Company will otherwise be in compliance with other applicable NYSE American listing rules, or that any Delisting Appeal would be successful.
This announcement is made in compliance with Sections 402 and 1009(e) of the Company Guide.
About AgEagle Aerial Systems Inc.
Through its three centers of excellence, AgEagle is actively engaged in designing and delivering best-in-class flight hardware, sensors and software that solve important problems for its customers. Founded in 2010, AgEagle was originally formed to pioneer proprietary, professional-grade, fixed-winged drones and aerial imagery-based data collection and analytics solutions for the agriculture industry. Today, AgEagle is a leading provider of full stack UAS, sensors and software solutions for customers worldwide in the energy, construction, agriculture, and government verticals. For additional information, please visit our website at www.ageagle.com.
Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “suggest,” “target,” “aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on AgEagle’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including risks related to future financial and operating results, the timing and fulfilment of current and future purchase orders relating to AgEagle’s products, the success of new programs and software updates, the ability to implement a new strategic plan, the success of a new strategic plan, and AgEagle’s ability to return to and maintain compliance with NYSE American continued listing standards. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of AgEagle in general, see the risk disclosures in the Annual Report on Form 10-K of AgEagle for the year ended December 31, 2024, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by AgEagle. All such forward-looking statements speak only as of the date they are made, and AgEagle undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise.
AgEagle Aerial Systems Contacts
Investor Relations:
Email: UAVS@ageagle.com
Media:
Email: media@ageagle.com
FAQ
Why did AgEagle Aerial Systems (UAVS) receive a notice from NYSE American?
What happens to UAVS stock trading status after the NYSE American notice?
When must AgEagle regain compliance with NYSE American listing requirements?
What are the minimum stockholders' equity requirements UAVS needs to meet?
Can AgEagle appeal if NYSE American initiates delisting proceedings?
