Royale Energy resumes trading after resolving SEC reporting delinquency

Royale Energy, Inc. has announced that it is now current with its SEC reporting obligations after completing previously delinquent periodic filings. Following this update, trading of the company’s common stock has resumed on the OTC Pink market.

The company has also initiated the application process to have its stock quoted on the OTCQB Venture Market, a move intended to improve market visibility and investor access, though approval remains subject to review by the OTC Markets Group.

Additionally, Royale’s Board of Directors is continuing a strategic review with Roth Capital Partners acting as financial advisor. This review is focused on strengthening the company’s balance sheet and capital markets readiness. An operational update regarding the company’s oil and gas activities is expected in the coming weeks.