INNOVATE Corp. (VATE) Regains NYSE Compliance
INNOVATE Corp. (NYSE: VATE) (“INNOVATE” or the “Company”) announced today that it has received a letter from the New York Stock Exchange (“NYSE”) dated August 27, 2024 (the “Compliance Notice”), notifying the Company that it is no longer considered below the NYSE’s continued listing criterion of a minimum average share price of US $1.00 over a 30 trading-day period (the "NYSE Minimum Price Requirement").
“The INNOVATE team is pleased to share that we have received notification from the New York Stock Exchange regaining listing compliance,” said Paul Voigt, INNOVATE’s CEO. “Regaining compliance with NYSE allows us to shift management and investor focus back on to our positive growth story.”
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