Zevia Regains Compliance with NYSE Minimum Price Requirement
October 03 2024 - 7:00AM
Business Wire
Zevia PBC (“Zevia” or the “Company”) (NYSE: ZVIA), today
announced that it received a notice from the New York Stock
Exchange (the “NYSE”) on October 1, 2024 that the Company has
regained compliance with the minimum stock price continued listing
standard set forth in Section 802.01C of the NYSE Listed Company
Manual.
The Company previously received a noncompliance notice from the
NYSE on June 26, 2024, because the average closing price of the
Company’s Class A common stock had been less than $1.00 per share
over a consecutive 30 trading-day period. On September 30, 2024,
the Company’s Class A common stock closed above $1.00 and had an
average closing share price of at least $1.00 over the prior 30
trading-day period.
About Zevia
Zevia PBC, a Delaware public benefit corporation designated as a
“Certified B Corporation,” is focused on addressing the global
health challenges resulting from excess sugar consumption by
offering a broad portfolio of zero sugar, zero calorie, naturally
sweetened beverages. All Zevia® beverages are made with a handful
of simple, plant-based ingredients, contain no artificial
sweeteners, and are Non-GMO Project verified, gluten-free, Kosher,
vegan and zero sodium. Zevia is distributed in more than 34,000
retail locations in the U.S. and Canada through a diverse network
of major retailers in the food, drug, warehouse club, mass, natural
and ecommerce channels.
(ZEVIA-F)
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version on businesswire.com: https://www.businesswire.com/news/home/20241003265692/en/
Investors Greg Davis Zevia PBC 424-343-2654
Gregory@zevia.com
Reed Anderson ICR 646-277-1260 Reed.Anderson@icrinc.com
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