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Team ( NYSE: TISI ) has received a letter from the NYSE notifying the company that it has regained compliance with listing standards.
During June 2022, the NYSE notified the company that it was not in compliance as its average global market capitalization over a consecutive 30 trading-day period and last reported stockholders’ equity were both below $50 million.
Shares of TISI are down 4.34% premarket on Tuesday.