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Kodak Receives
Continued Listing Standards Notice from the New York Stock Exchange Eastman Kodak has received a continued listing standards notice from the New York Stock Exchange (the “NYSE”) because the average closing price of the Company’s common stock was less than $1.00 per share over a period of 30 consecutive trading days.
The Company’s common stock
continues to trade on the NYSE. Under NYSE rules, the Company has six
months following receipt of the notification to regain compliance with
the minimum share price requirement. The Company can regain compliance
at any time during the six-month cure period if the Company’s common
stock has a closing share price of at least $1.00 on the last trading
day of any calendar month during the period and also has an average
closing share price of at least $1.00 over the 30 trading-day period
ending on the last trading day of that month or on the last day of the
cure period. |
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