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Alon Blue Square Receives Additional Continued Listing Standard Notice From NYSE
2015-10-08 13:56:29| Grocery - Topix.net
Alon Blue Square Israel Ltd. announced today that the New York Stock Exchange notified the Company on , it is also no longer in compliance with NYSE Continued Listing Standards because its average market capitalization and its last reported stockholders' equity are below continued listing standards. The NYSE requires that a listed company's average global market capitalization be not less than Under the NYSE listing rules applicable to foreign private issuers , the Company has 90 days from the receipt of the notice to submit a business plan that demonstrates how it intends to regain compliance with this continued listed standard within 18 months of the receipt of the notice.
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Category:Food and Related Products