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Ginkgo Bioworks Holdings, which is building the leading platform for cell programming and biosecurity, today announced that it received a notice on May 7, 2024 from the New York Stock Exchange ("NYSE") informing the Company that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the Company's Class A common stock was less than $1 per share over a consecutive 30 trading-day period. The notice does not result in the immediate delisting of the Company's Class A common stock from the NYSE. In accordance with applicable NYSE rules, the Company will notify the NYSE of its intent to regain compliance with applicable NYSE continued listing standards within 10 business days of receiving the notification. NYSE rules give Ginkgo a six-month period to regain compliance with the minimum price criteria. The Company intends to regain compliance with NYSE's continued listing standards and is considering all available options to do so.
Hooray! Too fun…
2024/06/17 16:04
Hooray! Too funny! I knew it. In my view, Nintendo will fail to succeed in the new business that all buyers are expecting. SWITCH2 doesn't have new functions at all. For all that, the price will be more expensive. In the world, few parents give their children the most expensive games that they ever seen. In result, Nintendo will definitely go to the same way as Sony. Most investors predict that 2026 will see that this phenomenon will happen.