Stage Stores, the parent company of Gordmans, has regained compliance with the New York Stock Exchange and its stock will continue to be listed.
New York Stock Exchange
At Pier 1 Imports’ 2019 annual meeting of shareholders held on June 19, shareholders authorized a reverse stock split at a ratio of 1-for-5, 1-for-10 or 1-for-20, and a reduction in the number of authorized shares of common stock by a corresponding ratio.
Stage Stores has received notice from the New York Stock Exchange that it has regained compliance with NYSE continued listing criteria that require listed companies to maintain an average closing share price of at least $1 over a consecutive 30 trading-day period.
Pier 1 Imports received notification from the New York Stock Exchange (NYSE) on January 11 that the company is no longer in compliance with NYSE continued listing criteria that require listed companies to maintain an average closing share price of at least $1 over a consecutive 30 trading-day period.
BJ’s Wholesale Club Holdings has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock.
After a series of setbacks, including poor holiday sales and delisting by the New York Stock Exchange, hhgregg has filed Chapter 11 bankruptcy protection and announced that it has found a buyer for the 132-store business that would emerge from the legal process.
Just two weeks after the New York Stock Exchange notified the company that it was not in compliance with listing rules, hhgregg, announced that it engaged Stifel, Nicolaus & Co. and Miller Buckfire & Co., subsidiaries of Stifel Financial Corp., to pursue a range of potential strategic and financial transactions to improve liquidity and return to profitability.
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