Yatsen Holding Regains NYSE Minimum Price Compliance
Ticker: YSG · Form: 6-K · Filed: Apr 11, 2024 · CIK: 1819580
| Field | Detail |
|---|---|
| Company | Yatsen Holding Ltd (YSG) |
| Form Type | 6-K |
| Filed Date | Apr 11, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | bullish |
Sentiment: bullish
Topics: compliance, stock-price, listing-requirements
TL;DR
Yatsen's stock price is back above $1, avoiding delisting from NYSE.
AI Summary
Yatsen Holding Limited announced on April 11, 2024, that it has regained compliance with the New York Stock Exchange's minimum price continued listing criterion. This follows a period where the company's stock price fell below the required $1.00 threshold.
Why It Matters
Regaining compliance with the NYSE minimum price requirement is crucial for Yatsen to avoid delisting, which would significantly impact its stock liquidity and investor confidence.
Risk Assessment
Risk Level: medium — While regaining compliance is positive, the underlying business performance and market conditions that led to the price drop may still pose risks.
Key Players & Entities
- Yatsen Holding Limited (company) — The company filing the report and announcing compliance.
- New York Stock Exchange (company) — The exchange where Yatsen's stock is listed and whose rules were complied with.
- April 11, 2024 (date) — The date of the announcement and filing.
FAQ
What specific minimum price did Yatsen Holding Limited need to meet to regain compliance with the NYSE?
The filing states Yatsen regained compliance with the NYSE minimum price continued listing criterion, which typically requires a stock to maintain a closing price of at least $1.00 per share.
When was the announcement made regarding Yatsen's compliance status?
The announcement was made on April 11, 2024, as indicated by the filing date.
What form was filed with the SEC to report this information?
Yatsen Holding Limited filed a Form 6-K with the SEC.
What is the principal executive office address for Yatsen Holding Limited?
The principal executive offices are located at Building 35, No. 2519 East Xingang Road, Haizhu District, Guangzhou 510330, People's Republic of China.
Does Yatsen Holding Limited file annual reports under Form 20-F or Form 40-F?
Yatsen Holding Limited indicates it files annual reports under Form 20-F.
Filing Stats: 163 words · 1 min read · ~1 pages · Grade level 11.8 · Accepted 2024-04-11 06:06:22
Filing Documents
- ysg-6k-regain-compliance.htm (6-K) — 20KB
- ysg-ex99_1.htm (EX-99.1) — 16KB
- 0000950170-24-043513.txt ( ) — 37KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. YATSEN HOLDING LIMITED By : /s/ Donghao Yang Name : Donghao Yang Title : Chief Financial Officer Date: April 11, 2024