Hornbeck Offshore Receives Continued Listing Standard Notice From NYSE
HORNBECK OFFSHORE SERVICE (HOS)
Last hornbeck offshore service earnings: 7/31 04:30 pm
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US:NYSE Investor Relations:
ir.hornbeckoffshore.com
Company Research
Source: PR Newswire
COVINGTON, La., Aug. 22, 2019 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE:HOS) (the "Company") announced today that it has received written notice from the New York Stock Exchange (the "NYSE") that the Company is not in compliance with the NYSE continued listing standard set forth in Rule 802.01C of the NYSE Listed Company Manual, which requires the average closing price of the Company's common stock to be at least $1.00 per share over a period of 30 consecutive trading days.In accordance with applicable NYSE procedures, the Company plans to timely notify the NYSE that it intends to cure the $1.00 per share deficiency. The Company has six months following the receipt of the noncompliance notice to cure the deficiency and regain compliance with the NYSE minimum share price continued listing requirement. During this period, the Company's common stock is permitted to continue trading on the NYSE under the symbol "HOS," but will have an appended ticker (suffix) of ".BC" to
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