INNOVATE Receives Compliance Notice, Regaining Compliance With NYSE Minimum Price Requirement
Portfolio Pulse from Benzinga Newsdesk
INNOVATE Corp. has received a compliance notice from the NYSE, indicating that it has regained compliance with the exchange's minimum price requirement. This development is crucial for the company to maintain its listing on the NYSE.
September 03, 2024 | 8:07 pm
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INNOVATE Corp. has successfully regained compliance with the NYSE's minimum price requirement, ensuring its continued listing on the exchange.
The compliance notice from the NYSE indicates that INNOVATE Corp. has met the minimum price requirement, which is a positive development for the company as it ensures the continuation of its listing on the NYSE. This can boost investor confidence and potentially lead to a positive short-term impact on the stock price.
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