Genesis Healthcare, Inc. Receives Continued Listing Standard Notice From the NYSE
Gen Digital Inc. (GEN)
Last gen digital inc. earnings: 3/16 04:30 pm
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US:NYSE Investor Relations:
genesishcc.com/investor-relations
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Source: GlobeNewswire
KENNETT SQUARE, Pa., April 23, 2020 (GLOBE NEWSWIRE) -- Genesis HealthCare (“Genesis”) (NYSE: GEN), one of the largest post-acute care providers in the United States, today announced that it received written notification from the New York Stock Exchange (the “NYSE”) on April 17, 2020 that it is not in compliance with the NYSE continued listing standard that requires a minimum average closing price of Genesis’ common stock of $1.00 per share over a consecutive 30 trading-day period (the “Notice”). The Company is, however, in compliance with the NYSE minimum market capitalization threshold of $50 million over a 30 trading-day period. Currently, Genesis’ market capitalization is more than two times this threshold. Receipt of the Notice by Genesis is not a violation of the terms of, and does not constitute a default or event of default under, any of Genesis’ debt or lease agreements. The Notice also has no immediate impact on the listing of Genesis’ common stock, which will continue t
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