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NeueHealth Gets NYSE Noncompliance Notice Over Market Cap Requirements
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NeueHealth Gets NYSE Noncompliance Notice Over Market Cap Requirements
Jun 18, 2024 3:07 PM

05:31 PM EDT, 06/18/2024 (MT Newswires) -- NeueHealth ( NEUE ) said late Tuesday the New York Stock Exchange notified the company June 12 of its noncompliance with the exchange's requirements for continued listing.

The NYSE said the company's average market capitalization over a consecutive 30 trading-day period was below $50 million and its last reported stockholders' equity was less than $50 million.

NeueHealth ( NEUE ) said it has 45 days from June 12 to submit a business plan to the NYSE about its actions to regain compliance within 18 months of receipt of the notice.

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