CHRA - Charah Solutions receives NYSE non-compliance letter for market cap and stockholders' equity
- NYSE notified Charah Solutions ( NYSE: CHRA ) that its total market capitalization and stockholders' equity are below its compliance criteria.
- A company would be considered below criteria by the NYSE if its total market capitalization is less than $50M over a 30- trading day period and its stockholders' equity is less than $50M.
- The company intends to respond to the NYSE within 45 days of January 13, 2022 with a business plan that is designed to demonstrate compliance with this listing standard within 18 months of receipt of this notice.
- The letter has no immediate impact on CHRA's ongoing business operations or its Securities and Exchange Commission reporting requirements.
For further details see:
Charah Solutions receives NYSE non-compliance letter for market cap and stockholders' equity