ITALY: Fila Meets NYSE Listing Rules Again
Sportswear and athletic shoe firm Fila Holding Spa on Sunday said it was now back in compliance with New York Stock Exchange (NYSE) listing regulations.
The Biella-based company said during the second half of 2002 its share price fell below the minimum $1 level required by the NYSE, and it did not maintain the necessary global market capitalisation and total shareholders' equity of more than $50 million.
But it added it was now in compliance with the listing standards and the NYSE will continue to monitor its performance for the next three months at least.
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