Item 8.01 Other Events.
On January 4, 2023, Camber Energy, Inc. (the "Company", "we", "our" and "us")
issued a press release announcing that on January 3, 2023, it had received a
notice letter from the NYSE American LLC ("NYSE American") stating that the
Company is back in compliance with the NYSE American continued listing standards
set forth in Section 1003(f)(v) of the NYSE American Company Guide (the "Company
Guide"). As a result, effective January 4, 2023, the below compliance ("BC")
indicator ceased to be disseminated for the Company's common stock and the
Company has been removed from the list of issuers noncompliant with NYSE
American corporate governance listing standards posted on
https://www.nyse.com/regulation/noncompliant-issuers. In accordance with Section
1009(h) of the Company Guide, if the Company is again determined to be below any
of the continued listing standards within 12 months of the date of this letter,
NYSE American will examine the relationship between the two incidents of
noncompliance and re-evaluate the Company's method of financial recovery from
the first incident. NYSE American will then take the appropriate action, which,
depending on the circumstances, may include truncating the compliance procedures
described Section 1009 of the Company Guide or immediately initiating delisting
proceedings.
A copy of the press release is attached as Exhibit 99.1 to this Current Report
on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press Release dated January 4, 2023
104 Cover Page Interactive Data File (embedded within Inline XBRL
document)
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