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player1234

03/27/20 4:54 PM

#64704 RE: BigNexEnd #64703

That would be true if it was traded on the NASDAQ but it is not true for the NYSE. The NYSE measures the $1 minimum close differently.

The specific rule says: The NYSE requires the AVERAGE closing price of a listed company's common shares to be at least US $1.00 per share over a consecutive 30 trading-day period.

The current 30 trading day rolling closing average is $1.131