American Resources Corporation (NASDAQ: AREC) received a notification letter from Nasdaq on April 24, 2026, indicating noncompliance with listing requirements due to delays in filing its annual report for the fiscal year ended December 31, 2025.

The company disclosed this information in a Form 8-K filing with the Securities and Exchange Commission on April 30, 2026. The notification does not immediately affect the listing or trading of the company's common stock on the Nasdaq Capital Market.

Under Nasdaq listing rules, American Resources has 60 calendar days to submit a compliance plan. If Nasdaq accepts the plan, the exchange may grant an exception of up to 180 calendar days from the original due date for the company to regain compliance.

The delay in filing the Form 10-K is related to the company's efforts to reflect the deconsolidation of certain operations and a streamlined business structure within its financial statements, according to the company statement. American Resources is working with its independent registered public accounting firm to complete the filing.

The company stated it intends to file the Form 10-K as soon as practicable within the applicable compliance period. American Resources operates in the critical mineral supply chain and has an affiliation with ReElement Technologies Corporation, which provides refining capacity for rare earth and critical battery elements.