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

Nine Energy Service, Inc.

NYSE notified Nine on Oct 21, 2024 that avg market cap and stockholders' equity both <$50M.
Company has 45 days to submit a plan to regain compliance within 18 months.
Stock will trade with ".BC" indicator; no immediate impact on listing or debt agreements.
Failure to cure could lead to suspension and delisting by NYSE.

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