regulatory
confidence high
sentiment negative
materiality 0.70
Claritev Corp (CTEV): Nasdaq/NYSE listing notice — MultiPlan receives NYSE deficiency notice for sub-$1.00 average stock price
Claritev Corp
- Average closing price below $1.00 over 30 consecutive trading days ended March 27, 2024.
- Company has six months to regain compliance; cure requires $1.00+ closing and 30-day average.
- Potential cure includes reverse stock split, subject to board and stockholder approval.
- Notice has no immediate impact on listing or business operations.