Cano health receives nyse notice of non-compliance with market capitalization criteria

Accelerates transformation plan, now targeting $290 million of cost reductions miami , dec. 29, 2023 /prnewswire/ -- cano health, inc. (nyse: cano) (" cano health " or the " company ") announced today that it was notified by nyse regulation inc. (the " nyse ") that it is not in compliance with section 802.01b of the nyse listed company manual (the " listing rule ") because the company's total market capitalization has been less than $50 million over a 30 trading-day period and its stockholders' equity is less than $50 million. pursuant to the listing rule, the company has 10 business days from receipt of the notice to send a letter to the nyse confirming receipt of the notice and to indicate whether it intends to cure the deficiencies.
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