GNC Receives Notice from NYSE Regarding Continued Listing Standards
GNC ACQUISITION HOLDINGS (GNC)
Last gnc acquisition holdings earnings: 3/24 06:02 pm
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US:NYSE Investor Relations:
phx.corporate-ir.net/phoenix.zhtml?c=88669&p=irol-investorhome
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Source: GlobeNewswire
PITTSBURGH, April 28, 2020 (GLOBE NEWSWIRE) -- GNC Holdings, Inc. (NYSE: GNC) (the “Company”), today announced that it has received notice from the New York Stock Exchange (the “NYSE”) that the Company does not presently meet certain NYSE continued listing standards which require the Company to maintain a minimum average closing price of $1.00 per share over a period of 30 consecutive trading days, and an average market capitalization of at least $50 million over a period of 30 consecutive trading days, unless at the same time the Company’s total stockholders’ equity is equal to or greater than $50 million. As set forth in the notice, as of April 21, 2020, the 30 trading-day average closing share price of the security was $0.56, the 30 trading-day average market capitalization was approximately $47.3 million and its last reported stockholders’ equity as of December 31, 2019 was approximately $(207.3) million. The notice has no immediate impact on the listing of the Company’s commo
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