Seanergy says it now has $3m in shareholder equity after carrying out a financial turnaround in recent months — above the $2.5m floor set by the exchange as a prerequisite for continued trading.
Nasdaq decided to delist Seanergy last November on that basis but granted the Greek owner its right to appeal. Seanergy won an exception into April, so now has some breathing room to show regulators it can keep equity north of the cut-off.
Seanergy
