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home / news releases / nyse sends minimum bid price requirement related not

KLR - NYSE sends minimum bid price requirement-related notice to Kaleyra

Kaleyra Inc.

  • The NYSE has sent a notice to the Communication Platform as a Service company Kaleyra ( NYSE: KLR ) over non-compliance with the stock exchange's minimum bid price requirement.
  • The average closing price of the company's common stock was less than $1 per share over a consecutive 30 trading-day period.
  • KLR intends to respond to the notice within 10 business days.
  • The company may consider available alternatives, including a reverse stock split, subject to shareholder approval.
  • Source: Press Release

For further details see:

NYSE sends minimum bid price requirement-related notice to Kaleyra
Stock Information
Company Name: Kaleyra Inc.
Stock Symbol: KLR
Market: NYSE
Website: kaleyra.com
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