APRN - Blue Apron plan to regain compliance with market cap listing rule accepted by NYSE
- Blue Apron ( NYSE: APRN ) said Thursday the NYSE accepted its plan to regain compliance with continued listing requirement of $50M average global market capitalization and stockholders' equity.
- The company received non-compliance notice from NYSE late last year regarding its minimum average closing price, average global market cap and shareholders' equity.
- Blue Apron ( APRN ) must regain compliance with the market cap and stockholders' equity requirement on or before June 21, 2024.
- The company has till June 21 this year to cure the minimum share price deficiency.
- Earlier, Blue Apron ( APRN ) tumbled after it announced a $70M ATM equity offering .
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Blue Apron plan to regain compliance with market cap listing rule accepted by NYSE