Enviva Inc. on Jan. 29 announced that on Jan. 23 it received notification from the New York Stock Exchange that the company is no longer in compliance with NYSE continued listing criteria that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30-trading-day period.The company can regain compliance at any time within the six-month cure period following receipt of the notice if, on the last trading day of any calendar month during such cure period, the company has both (i) a closing share price of at least $1.00 and (ii) an average closing share price of at least $1.00 over the 30-trading-day period ending on the last trading day of the applicable calendar month.The notice has no immediate impact on the listing of the company’s shares of common stock, which will continue to be listed and traded on the NYSE during the cure period, subject to the Company’s compliance with the other listing requirements of the NYSE. The Common Stock will continue to trade under the symbol “EVA,” but will have an added designation of “.BC” to indicate that the company currently is not in compliance with the NYSE’s continued listing requirements. If the company is unable to regain compliance during the cure period, the NYSE may initiate procedures to suspend and delist the common stock.The notice does not affect the company’s ongoing business operations nor its reporting requirements with the Securities and Exchange Commission.&nbsp;

2024-02-01 - Enviva receives continued listing standard notice from the NYSE (Biomass Magazine)

2023/05/EnvivaLogo_16841981120178_largethumb.jpg

2023/05/EnvivaLogo_16841981120178_thumb.jpg

2023/05/EnvivaLogo_16841981120178.jpg

Enviva Inc. on Jan. 29 announced that on Jan. 23 it received notification from the NYSE that the company is no longer in compliance with NYSE continued listing criteria. The company can regain compliance at any time within the six-month cure period.

Enviva receives continued listing standard notice from the NYSE

Related Stories

Biomass Thermal Energy Council Rising

Australia’s 2024-2025 budget includes support for SAF, renewable hydrogen

ChemCatBio launches survey to learn about community response to new biorefining projects

Rockingham County chooses Waga Energy to produce RNG in North Carolina

Modern Early Fire Detection in Biomass

Upcoming Events

European Pellet Forum

Biodiesel Summit: Sustainable Aviation Fuel & Renewable Diesel

Carbon Capture & Storage Summit

Enviva receives continued listing standard notice from the NYSE.css-7jxktu{position:absolute;bottom:0px;left:0px;right:0px;height:3px;border-radius:3px;background-color:var(--chakra-colors-brandBlack);}