- Halcon Resources (NYSE:HK) says it received notice from the NYSE that its market cap had fallen below the continued listing standard after falling below $50M over a 30-day trading period.
- HK says it expects to regain compliance with the NYSE's minimum market cap requirement and the minimum share price requirement upon successful consummation of its current restructuring plan.
- HK has 45 days to submit a plan to regain compliance.