NYSE to Suspend Trading Immediately in First High-School Education Group Co. Ltd. (FHS) and Commence Delisting Proceedings
The NYSE announced it will begin proceedings to delist the American Depositary Shares (ADSs) of First High-School Education Group (ticker symbol FHS) due to non-compliance with the Exchange's continued listing standards.
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NYSE Regulation reached its decision to delist the ADSs pursuant to Section 802.01B of the NYSE’s Listed Company Manual because the Company had fallen below the NYSE’s continued listing standard requiring listed companies to maintain an average global market capitalization over a consecutive 30 trading day period of at least
The Company has a right to a review of this determination by a Committee of the Board of Directors of the Exchange. The NYSE will apply to the
View source version on businesswire.com: https://www.businesswire.com/news/home/20221107006135/en/
Company Contact:
Chief Financial Officer
E-mail: tommyzhou@dygz.com
NYSE Contact:
PublicRelations-NYSE@ice.com
Source: NYSE Regulation