VNTR - Venator gets listing deficiency letter from NYSE

• Venator Materials ( NYSE: VNTR ) on Friday said it got notice from the NYSE saying it is no longer in compliance with a certain listing rule.
• NYSE notified VNTR that its average closing price of ordinary shares was less than $1.00 per share over a consecutive 30 trading-day period.
• The notice does not result in immediate delisting of VNTR ordinary shares from NYSE.
• VNTR plans to notify NYSE by Nov 16, 2022, that it intends to cure the stock price deficiency and return to compliance with listing standards.
• VNTR intends to consider available alternatives, including but not limited to a reverse stock split that is subject to shareholder approval, no later than next Annual General Meeting.

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