Becker's Healthcare January 5, 2024
Miami-based primary care provider Cano Health said it is accelerating its transformation plan after being hit with a New York Stock Exchange delisting warning.
The NYSE issued a warning that the company was out of compliance because its total market capitalization had been less than $50 million over a 30-day trading period and its stockholders’ equity was less than $50 million, according to a Dec. 29 news release.
Cano has 45 days to submit a plan on how it will regain compliance within 18 months, according to the release. If the NYSE accepts the plan, Cano will be subject to ongoing quarterly monitoring for compliance...
Today's Sponsors
Today's Sponsor