Invitae receives non-compliance notice from NYSE

Invitae announced that it received a notice from the New York Stock Exchange on September 20, 2023, indicating the company is not currently in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price of the company’s common stock over a consecutive 30 trading-day period was less than $1.00 per share. The NYSE notice has no immediate effect on the listing of the common stock on the NYSE, subject to the company’s compliance with the NYSE’s continued listing requirements. Invitae has notified the NYSE that it intends to bring the company into compliance with the listing standards within the required cure period.