The company has a six-month window to correct this and maintain its stock listing.
股本
Essity has completed the divestment of its entire holding of 51.59% of shares in the Asian hygiene company Vinda International Holdings Limited for HKD 23.50 per share. The sales proceeds amounted to HKD 14.6 billion (approximately $1.8 billion).
Nordic Paper decides to explore a potential sale of the Company in response to Shanying’s announced intention to divest its 48.16% stake.
The company anticipates global container volume growth of only 2.5%-4.5% in 2024, overshadowed by an 11% increase in shipping capacity.
The company has six-month cure period. If the сompany is unable to regain compliance during the cure period, the NYSE may initiate procedures to suspend and delist the сommon ыtock.