other material
confidence high
sentiment negative
materiality 0.75
REGIS CORP (RGS): Nasdaq/NYSE listing notice — Regis receives NYSE delisting notice for share price below $1.00
REGIS CORP
- NYSE notified Regis on Oct 4, 2023 that 30-day avg closing price was $0.92, below $1.00 minimum.
- Company has six months to regain compliance; stock will trade under symbol 'RGS' with '.BC' designation.
- Regis also remains noncompliant with NYSE market cap rule (Section 802.01B); cure period ends Dec 13, 2023.
- Notice does not affect business operations or debt agreements; Regis is considering options to cure.