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| EVC > SEC Filings for EVC > Form 8-K on 17-Dec-2008 | All Recent SEC Filings |
17-Dec-2008
Notice of Delisting or Failure to Satisfy a Continued Listing Rul
On December 15, 2008, Entravision Communications Corporation (the "Company") received notice from the New York Stock Exchange (the "NYSE") that the Company has fallen below the continued listing standard regarding price criteria for capital or common stock under Section 802.01C of the NYSE's Listed Company Manual. Section 802.01C requires that a registrant's common stock have a minimum average closing price of $1.00 per share during any consecutive 30-day trading period. Under the NYSE's rules, the Company has six months from the date of the notice to raise its average common share price above $1.00.
Under NYSE rules, the Company has ten business days following the receipt of the notice to respond to the NYSE and indicate its intent to cure this deficiency or be subject to suspension and delisting. The Company intends to notify the NYSE, within the required ten business day period, that it intends to cure the deficiency.
On December 17, 2008, the Company issued a press release regarding the matter described above. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
(d) Exhibits
99.1 Press Release dated December 17, 2008.
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