secwatch.observer — SEC 8-K summary
======================================

Issuer:     Nine Energy Service, Inc. (NINE)
CIK:        0001532286
Form:       8-K
Filed at:   2022-01-07T23:59:59+00:00
Accession:  0001193125-22-004550
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nine Energy Service receives NYSE delisting notice for low market cap and equity
--------------------------------------------------------------------------------

- Average global market cap below $50M over 30 days ended Jan 3, 2022; stockholders' equity also below $50M.
- Company has 45 days to submit a business plan to NYSE to regain compliance within 18 months.
- Stock continues trading under symbol NINE with '.BC' indicator; no immediate impact on listing.
- If plan is not accepted by NYSE, common stock will be subject to suspension and delisting procedures.
- Notice does not affect business operations, SEC reporting, or cause default under material debt agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1532286/000119312522004550/0001193125-22-004550-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1532286/000119312522004550/d250545d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-004550

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer