GrafTech NYSE Listing Standard Notice
Ticker: EAF · Form: 8-K · Filed: Apr 18, 2025 · CIK: 931148
| Field | Detail |
|---|---|
| Company | Graftech International LTD (EAF) |
| Form Type | 8-K |
| Filed Date | Apr 18, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: listing-standards, nyse, compliance
TL;DR
NYSE flagged GrafTech for low stock price, 18 months to fix it or get booted.
AI Summary
GrafTech International Ltd. announced on April 15, 2025, that it received a notice from the New York Stock Exchange (NYSE) indicating a non-compliance with a continued listing standard. The company has 18 months to regain compliance with the minimum average closing price requirement of $4.00 per share.
Why It Matters
This notice signals potential delisting risk for GrafTech if its stock price does not recover, which could impact investor confidence and trading liquidity.
Risk Assessment
Risk Level: medium — The company is at risk of delisting if its stock price does not meet the NYSE's minimum requirement within the specified timeframe.
Key Numbers
- $4.00 — Minimum Average Closing Price (The threshold GrafTech must meet to remain listed on the NYSE.)
- 18 months — Compliance Period (The duration GrafTech has to rectify its listing standard deficiency.)
Key Players & Entities
- GrafTech International Ltd. (company) — Registrant
- New York Stock Exchange (NYSE) (company) — Listing Exchange
- $4.00 (dollar_amount) — Minimum average closing price requirement
- 18 months (date) — Timeframe to regain compliance
FAQ
What specific NYSE listing standard did GrafTech fail to meet?
GrafTech received a notice indicating non-compliance with the minimum average closing price requirement of $4.00 per share.
What is the deadline for GrafTech to regain compliance with the NYSE listing standard?
GrafTech has 18 months from the date of the notice to regain compliance with the minimum average closing price requirement.
What actions can GrafTech take to regain compliance?
The filing implies GrafTech needs to increase its average closing stock price to $4.00 or above over the compliance period.
What is the potential consequence if GrafTech fails to regain compliance?
If GrafTech fails to regain compliance within 18 months, it risks delisting from the New York Stock Exchange.
When was this notice received by GrafTech?
The earliest event reported in the filing is April 15, 2025, which is the date of the report and likely when the notice was received or became effective.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on April 18, 2025 regarding GRAFTECH INTERNATIONAL LTD (EAF).