EXPRESS, INC.: Nasdaq/NYSE listing notice — Express receives NYSE delisting notice for average share price below $1.00

EXPRESS, INC.

NYSE notified Express on March 28, 2023 that its 30-day average closing price fell below $1.00.
Company has six months to regain compliance; may pursue reverse stock split if needed.
Common stock remains listed on NYSE with added '.BC' designation during cure period.
Notice does not affect business operations, SEC reporting, or debt covenants.

item 3.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

EXPRESS, INC. received a nyse delisting notice notice regarding minimum bid price (rules 802.01C).

Exchange: nyse
Notice: delisting notice
Deficiency: minimum bid price
Rules: 802.01C

Exact text from the filing

March 28, 2023, Express, Inc. (the “Company”) received notice (the “Delisting Notice”) from the New York Stock Exchange (the “NYSE”) that the average per share closing price of its common stock over the 30 consecutive trading-day period ended March 24, 2023 was below $1.00, which is the NYSE’s continued listing minimum price criteria set forth in Section 802.01C of the NYSE’s Listed Company Manual. Pursuant to Section 802.01C, the Company has a period of six months following the receipt of the Delisting Notice to regain compliance with the minimum price criteria. In accordance with Section 802

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Source: SEC EDGAR

accession 0001193125-23-085536

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