The New York Stock Exchange has issued a non-compliance notice to WeWork, since its stock closed at under $1 (80p) per share on average over a consecutive 30-day trading period.
WeWork said the notice will not result in an immediate delisting. It has a six-month period to regain compliance with the stock exchange’s minimum share price requirement.
The flexible workspace provider said it will consider “a number of available alternatives” to cure its non-compliance.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
