Recent Updates — AREC
The Nasdaq Stock Market granted American Resources Corporation an additional compliance exception through November 16, 2026, allowing the company time to file its delinquent Quarterly Reports on Form 10-Q for the periods ended March 31 and June 30, 2026. This extension follows a previous deadline of October 15, 2026, which was missed due to the June filing. Nasdaq reviewed the company's updated compliance plan and ongoing dialogue before granting the relief. The listing and trading of the company’s Class A common stock on the Nasdaq Capital Market under symbol “AREC” continue without immediate effect from this notice. American Resources Corporation operates in the resource management sector.
On September 29, 2026, American Resources Corporation entered into an Asset Purchase Agreement with Wyoming County Coal LLC to acquire real property, structures, fixtures, and equipment in Wyoming County, West Virginia. The aggregate purchase price of $40.0 million was satisfied by the settlement of pending litigation between the company and WCC (UMB Bank, N.A. v. Wyoming County Coal LLC). The transaction includes rights to valuable elements and minerals within legacy refuse piles but excludes historical mining operations, permits, or environmental liabilities. Ownership transferred upon execution, with the deed to be recorded within 60 days. American Resources Corporation operates in the critical-mineral feedstock and resource sector.
American Resources Corporation received a notification from Nasdaq on August 20, 2026, stating it is not in compliance with Listing Rule 5250(c)(1) due to the failure to timely file its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. The notification has no immediate effect on listing or trading status. The company must submit an amended plan to Nasdaq by September 4, 2026, addressing this delinquency alongside the previously outstanding March 2026 filing, with a potential deadline of October 15, 2026, for resolution. American Resources Corporation operates in the resource extraction and management industry.
American Resources Corporation dismissed GreenGrowth CPA as its independent registered public accounting firm on June 30, 2026, and appointed UHY LLP to replace them effective July 11, 2026. The company will not rely on the previously issued audit opinion for fiscal year 2025 due to disagreements regarding procedures for the March 31, 2026 quarter and GreenGrowth's refusal to perform standard predecessor auditor processes. UHY LLP has been engaged to re-audit the December 31, 2025 financial statements and subsequent interim periods. American Resources Corporation operates in the natural resources sector.
American Resources Corporation dismissed GreenGrowth CPA's as its independent registered public accounting firm on June 30, 2026, and appointed UHY LLP as its new auditor. GreenGrowth withdrew its opinion on the company's December 31, 2025 financial statements. American Resources Corporation is a company that operates in the natural resources and energy sector through its subsidiaries.
American Resources Corporation declared a special cash dividend of $0.0431 per share of its Class A common stock. The dividend is scheduled to be held for shareholders of record as of August 15, 2026, and will be payable on August 25, 2026. The company is a strategic supplier of critical mineral feedstocks and owner of a diversified portfolio of critical mineral assets.