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Lanvin Group got a warning from the NYSE for not meeting the minimum share price rule.

TroubleRead the original at prnewswire.com
Bad for LANV

Lanvin failed to meet the NYSE's $1 average closing price rule and must fix the problem within six months. The notice has no immediate effect, and any reverse split needs shareholder approval.

LANV · Lanvin Group Holdings Limited

AI read · Bad for LANV

The AI's read

A listing warning can put Lanvin's place on the exchange at risk if it does not fix the problem. A reverse split is not approved, and the notice says there is no immediate change to its listing or business operations.

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