Babylon receives share price notice from the new york stock exchange (nyse) and has secured shareholder approval to implement a reverse share split to rectify the matter

Austin, texas & london--(business wire)--babylon (nyse:bbln) (“babylon”), today announced that on september 15, 2022, it received notice from the new york stock exchange (the “nyse”) that it is not in compliance with nyse rule 802.01c of the nyse listed company manual that requires listed companies to maintain an average closing share price of at least $1.00 over a consecutive 30 trading-day period (the “notice”). babylon has notified the nyse of its intent to cure this deficiency, within six m
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