regulatory
confidence high
sentiment negative
materiality 0.80
NeueHealth, Inc.: Nasdaq/NYSE listing notice — Bright Health Group receives NYSE delisting notice for sub-$1 share price
NeueHealth, Inc.
- NYSE notified BHG on Dec 6, 2022 that average closing price was below $1.00 for 30 trading days ending Dec 2, 2022.
- Company has six months to regain compliance; considering reverse stock split subject to shareholder approval.
- Stock continues trading on NYSE during cure period; no impact on operations or debt obligations.
- If not cured, NYSE will suspend and delist BHG common stock.