regulatory
confidence high
sentiment negative
materiality 0.80
Party City Holdco Inc.: Nasdaq/NYSE listing notice — Party City gets NYSE delisting warning on sub-$1.00 share price
Party City Holdco Inc.
- Received NYSE notice on Dec 15, 2022 for failing to maintain $1.00 avg closing price over 30 trading days.
- Has 6 months to cure; must close at ≥$1.00 on last trading day of a month and avg ≥$1.00 over 30 days ending that day.
- Shares continue trading as PRTY with ".BC" designation during the cure period.
- Notice does not impact operations, SEC reporting, or trigger default under debt agreements.