Navios Maritime Holdings (NM) Announces Compliance with NYSE Continued Listing Requirements
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Navios Maritime Holdings Inc. (“Navios Holdings” or the “Company”) (NYSE: NM) announced today that, based upon a notice received on September 1, 2016 from the New York Stock Exchange, Inc. (“NYSE”), the Company is once again in compliance with the NYSE’s continued listing requirement of a minimum average closing price of $1.00 per share over a consecutive 30 trading-day period.
At the close of trading on August 31, 2016, the average closing price of the Company’s common stock for the previous 30 trading-days was above $1.00 per share and its closing share price on August 31, 2016 was $1.00. Accordingly, the Company has resumed compliance with all NYSE continued listing requirements.
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