Studio City faces April 27, 2027 NYSE price deadline
Compliance may be regained with a 30 trading-day average above US$1.00 or, during the cure period, a month-end close and 30-day average at least US$1.00.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Studio City International Holdings Limited (NYSE: MSC) received notice from the New York Stock Exchange that its American depositary shares had an average closing price below US$1.00 over a consecutive 30 trading-day period, breaching the exchange’s minimum share-price requirement. The company has a six-month cure period ending April 27, 2027.
The notice has no immediate effect on the ADS listing: trading continues during the cure period, subject to the other NYSE listing requirements. Studio City said the notice does not affect its business operations or SEC reporting obligations and that it intends to notify the NYSE of its intent to regain compliance.
Filing Explained
The notice allows the company to regain NYSE compliance by
Key Figures
Key Terms
cure period regulatory
FAQ
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How long does MSC have to regain NYSE compliance?
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