Celebration Metropolis receives continued itemizing commonplace discover from NYSE

Celebration Metropolis Holdco introduced that it obtained notification from the New York Inventory Change on December 15, 2022 that the corporate is now not in compliance with NYSE continued itemizing standards that requires listed firms to keep up a median closing share value of not less than $1.00 over a consecutive 30 trading-day interval. Below NYSE’s guidelines, the corporate has a interval of six months from receipt of the discover to regain compliance with the NYSE’s minimal share value requirement. With the intention to regain compliance, on the final buying and selling day of any calendar month throughout the treatment interval, the corporate’s shares of frequent inventory, $0.01 par worth per share, should have (i) a closing value of not less than $1.00 per share and (ii) a median closing value of not less than $1.00 per share over the 30-trading day interval ending on the final buying and selling day of such month.

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