Trinseo (TSE) announced that on December 12, the company received a notice from the NYSE informing the company that it is not currently in compliance with Section 802.01B of the NYSE Listed Company Manual because its 30 trade-day average market capitalization was less than the NYSE’s minimum market capitalization requirement of $50M and Section 802.01C of the NYSE Listed Company Manual because the average closing price of its ordinary shares had fallen below $1.00 per share over a period of 30 consecutive trading days.
Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSE: