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Stock impact report

Nine Energy Service, Inc. Receives Notice from NYSE Regarding Continued Listing Requirements

Nine Energy Service, Inc. (NINE) 
Last nine energy service, inc. earnings: 3/9 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: nineenergyservice.com/about/our-leadership
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Nine Energy Service, Inc. (NYSE: NINE) (“Nine” or the “Company”) announced today that it received written notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) on October 21, 2024, that the Company is not in compliance with the continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual because its average global market capitalization over a consecutive 30 trading-day period and its last reported stockholders’ equity were both below $50 million.In accordance with NYSE procedures, the Company has 45 days from its receipt of the Notice to submit a business plan to the NYSE demonstrating how it intends to regain compliance with the NYSE’s continued listing standards within 18 months. The Company intends to develop and submit a business plan within 45 days of receipt of the Notice that demonstrates its ability to regain compliance with the NYSE’s continued listing standards within the required timeframe. The Listin Show less Read more
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