other material
confidence high
sentiment negative
materiality 0.75
Blue Apron Holdings, Inc.: Nasdaq/NYSE listing notice — Blue Apron receives NYSE delisting notice for low market cap and share price
Blue Apron Holdings, Inc.
- Received NYSE notice on Dec 21, 2022 for non-compliance with minimum $50M market cap and $1.00 share price.
- Must submit cure plan by Jan 6, 2023; has up to 18 months to regain compliance for market cap deficiency.
- Has six months to cure share price deficiency; stock will trade with ".BC" indicator during cure period.
- Notice does not affect business operations, SEC reporting, or debt agreements.