The New York Stock Exchange told American Apparel on Wednesday that it is once again compliant with NYSE MKT listing requirements.
The exchange had warned American Apparel back in February that it could be delisted if it didn't sort out its "financial impairment."
The struggling apparel retailer faced a $13.4 million interest payment that came due April 15, according to a Bloomberg report earlier this month.
Last month, the retailer's CEO Dov Charney lined up a capital infusion from FiveT Capital. The Swiss firm purchased about half of American Apparel's shares in a stock offering, giving it a nearly 13 percent stake in the company, Bloomberg said.