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Newpark Resources Out of NYSE Compliance
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Newpark Resources, Inc. is out of compliance with NYSE continued listing standards.
Newpark received the notice because the average closing price of its shares fell below the minimum of $1.00 per share during a consecutive 30 trading-day period. The Company is in compliance with all other NYSE continued listing standards.
Newpark intends to cure the deficiency and regain compliance with NYSE's listing standard and is evaluating all available options to regain compliance with the NYSE's continued listing standards, which may include transactions that are subject to the approval of Newpark's shareholders.
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