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Nine Energy Service Receives Notice From NYSE Regarding Continued Listing Requirements

Author: Benzinga Newsdesk | October 25, 2024 08:31am

Nine Energy Service, Inc. (NYSE:NINE) ("Nine" or the "Company") announced today that it received written notice (the "Notice") from the New York Stock Exchange (the "NYSE") on October 21, 2024, that the Company is not in compliance with the continued listing standards set forth in Section 802.01B of the NYSE Listed Company Manual because its average global market capitalization over a consecutive 30 trading-day period and its last reported stockholders' equity were both below $50 million.

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