GrafTech International Ltd. today announced it received written notice from the New York Stock Exchange (NYSE) indicating non-compliance with its continued listing standards. The notice states that the average closing price of the company's common stock was less than $1.00 per share over the consecutive 30 trading-day period ended April 14, 2025.
This notice does not result in the immediate delisting of GrafTech's common stock. The company plans to inform the NYSE of its intention to cure the stock price deficiency and regain compliance within a six-month cure period.
GrafTech is considering all available options to return to compliance, including a potential reverse stock split, which would be subject to stockholder approval. The company's common stock will continue to be listed and traded on the NYSE during this cure period, provided it complies with other listing standards.
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