Enlightify Inc. has notified the New York Stock Exchange of its intent to cure a price deficiency.
The company's common stock price was below $1.00, triggering the notification from NYSE.
Enlightify Inc. has six months to regain compliance with the minimum average share price requirement.
Price Deficiency Notification
Enlightify Inc. informed NYSE about the price deficiency below $1.00.
Compliance Period
The company has six months to meet NYSE's continued listing standard.
Business Operations
The NYSE notification does not impact Enlightify Inc.'s business operations or SEC reporting obligations.
- Enlightify Inc. aims to maintain its listing on NYSE by addressing the price deficiency.
- The company's stock remains tradable on NYSE while compliance efforts are underway.
Enlightify Inc.'s proactive approach to addressing the price deficiency showcases its commitment to maintaining compliance and NYSE listing.