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Last $0.07 USD
Change Today 0.00 / 0.00%
Volume 0.0
AQQSQ On Other Exchanges
As of 8:10 PM 10/1/15 All times are local (Market data is delayed by at least 15 minutes).

american spectrum realty inc (AQQSQ) Snapshot

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52 Week High
02/20/15 - $1.70
52 Week Low
03/9/15 - $0.01
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Average Volume 10 Days
Shares Outstanding
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american spectrum realty inc (AQQSQ) Details

American Spectrum Realty, Inc., through its subsidiaries, engages in the ownership, management, and operation of income-producing properties in the United States. As of December 31, 2008, it owned and operated 29 properties, which consisted of 23 office buildings, 5 industrial properties, and 1 retail property. The company was founded in 2000 and is based in Houston, Texas. On March 16, 2015, American Spectrum Realty Inc. filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas.

165 Employees
Last Reported Date: 10/31/14
Founded in 2000

american spectrum realty inc (AQQSQ) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $587.2K
President of American Spectrum Risk and Insur...
Total Annual Compensation: $252.3K
President of American Spectrum Realty Managem...
Total Annual Compensation: $150.1K
Compensation as of Fiscal Year 2013.

american spectrum realty inc (AQQSQ) Key Developments

Quentin Thompson Resigns as Chief Financial Officer of American Spectrum Realty, Inc

Effective February 25, 2015, Quentin Thompson, the Chief Financial Officer of American Spectrum Realty Inc. resigned from his position at the company. Mr. Quincy Wocker, Vice President of Finance and IT, assumed the financial and reporting duties formerly overseen by Mr. Thompson.

American Spectrum Realty Inc. will Change its Ticker to AQQSQ from AQQS

Effective March 20, 2015, American Spectrum Realty Inc. will change its Pink Sheets LLC stock ticker symbol to AQQSQ from AQQS.

American Spectrum Realty Receives Delisting Notice From NYSE MKT

American Spectrum Realty, Inc. announced that it has received a letter indicating that the staff of NYSE Regulation, Inc. has determined to commence proceedings to delist the Company’s common stock from the NYSE MKT LLC. Trading in the Company’s common stock has been halted on a continuous basis since NYSE Regulation initiated a trading halt on April 15, 2014. Trading in the Company’s common stock was immediately suspended intra-day on February 19, 2015. As determined by NYSE Regulation, the suspension is the result of: the Company’s inability to complete its outstanding SEC filings, per Sections 134 and 1101 of the NYSE MKT Company Guide; the financial condition of the Company, which is so impaired that it appears questionable, in the opinion of the NYSE MKT, as to whether the Company will be able to continue operations and/or meet its obligations as they mature, per Section 1003(a)(iv) of the Company Guide; and the Company’s failure to timely disclose corporate events per Section 1003(d) of the Company Guide. As previously disclosed on November 14, 2014 and January 8, 2015, the Company had submitted plans to the NYSE MKT outlining steps to regain compliance with the requirements of the Company Guide and the NYSE MKT had granted the Company a period through February 19, 2016 for the Company to regain compliance as outlined in its plans of compliance, so long as the Company made progress consistent with such plans. However, due to the financial condition of the Company, the Company was unable to make progress consistent with such plans, and accordingly, the Board has determined it to be in the best interest of the Company and its shareholders to not appeal NYSE Regulation’s delisting determination. Currently, the Company’s shares of common stock are quoted on the Pink Sheets, LLCunder the symbol “AQQS”.


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