QNGY - Quanergy receives NYSE non-compliance notice regarding minimum stock trading price
Quanergy Systems (NYSE:QNGY) received non compliance notice on June 17, 2022 NYSE that the price of its common stock fell below the NYSE’s continued listing standards. The Company has six months to regain compliance. The company intends to monitor the trading price of its listed securities and take steps to increase the value of its shares through implementation of its business strategy, and is considering other options for regaining compliance with the NYSE’s continued listing standards. Shares +3.45% PM
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Quanergy receives NYSE non-compliance notice regarding minimum stock trading price