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Stock impact report

Ferroglobe announces listing transfer to the NASDAQ Capital Market

Ferroglobe PLC - Ordinary Shares (GSM) 
Last ferroglobe plc - ordinary shares earnings: 3/2 05:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ferroglobe.com
Company Research Source: GlobeNewswire
LONDON, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (“Ferroglobe” or “the Company”), a leading producer of silicon metal, silicon alloys and manganese-based specialty alloys, has received approval from the NASDAQ Stock Market LLC (“NASDAQ”) of the Company’s request to transfer listing of its ordinary shares to the NASDAQ Capital Market from the NASDAQ Global Select Market. As previously disclosed, NASDAQ notified Ferroglobe in November 2019 that the Company was out of compliance with the minimum bid price requirement of NASDAQ listing rule 5550(a)(2), as the closing bid price for its shares had remained below $1.00 for more than thirty consecutive days.  On transfer to the NASDAQ Capital Market, Ferroglobe receives an additional 180-day grace period, effective August 4, 2020, within which to regain compliance with the minimum closing bid price requirement for continued listing.  The Company has given written assurance to NASDAQ that it intends to do so, if neces Show less Read more
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