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Finance of America Faces Second NYSE Delisting Notice | FinOracle

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    Finance of America Faces Second NYSE Delisting Notice | FinOracle

    Market Trends & Social Media Insights – October 12, 2024 18:28

    Finance of America Faces Second NYSE Delisting Notice | FinOracle

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    Finance of America Faces Second NYSE Delisting Notice | FinOracle

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Finance of America Faces Second NYSE Delisting Notice

Finance of America has received a second delisting notice from the NYSE after failing to maintain a $1 closing price. The company plans to regain compliance within the cure period. This news may lead to uncertainty and a potential decline in investor confidence.

by Terry Bingman
Sat, Feb 17, 2024 7:48am
in Finance
• 2 mins read
14.8k
Finance of America Faces Second NYSE Delisting Notice | FinOracle

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Finance of America Receives Second Delisting Notice from NYSE

Finance of America has once again received a delisting notice from the New York Stock Exchange (NYSE), marking the second time in just three months. The notice, sent on February 12, comes after the company failed to meet the requirement of maintaining an average closing price of $1 for 30 consecutive days.

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