American Resources Corporation has received an extension from Nasdaq to file its overdue quarterly reports, now due by November 16, 2026. This update is crucial for the company as it works to maintain its listing status. The extension reflects Nasdaq's recognition of the company's efforts to comply with reporting requirements.

On October 6, 2026, American Resources Corporation (the "Company") received a letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC granting the Company an additional exception through November 16, 2026, to regain compliance with Nasdaq Listing Rule 5250(c)(1). This rule requires companies to file periodic reports, including quarterly reports on Form 10-Q.

As previously disclosed, Nasdaq had granted the Company an exception through October 15, 2026, to file the March Form 10-Q. However, due to the subsequent delinquency associated with the June Form 10-Q, the Company submitted an updated compliance plan to Nasdaq requesting additional time to complete both delinquent filings. Following its review of the Company’s compliance plan and ongoing dialogue, Nasdaq granted the extension.

The Company continues to work diligently with its independent registered public accounting firm and other advisors to complete the delinquent filings as promptly as practicable. The Company is currently working toward completing the filings in advance of the previously stated October 15, 2026, deadline; however, the additional exception granted by Nasdaq provides the Company with additional time should it be required to complete the filing process.

The Company continues to communicate and work cooperatively with Nasdaq Staff regarding its compliance with the Nasdaq Listing Rules. The Company intends to regain compliance with Nasdaq Listing Rule 5250(c)(1) by filing the delinquent filings within the exception period.

The Nasdaq letter does not have any immediate effect on the listing or trading of the Company’s Class A common stock on The Nasdaq Capital Market, which continues to trade under the symbol "AREC." This situation highlights the importance of timely financial disclosures within the silver ores industry.

Details were not available in the SEC filing regarding what happens next.