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ARC Document Solutions gets NYSE warning on continued listing standards


NYSE notifies ARC Document Solutions (NYSE:ARC) that it is no longer in compliance with its continued listing requirement as common stock had fallen below $1/share over a period of 30 consecutive trading days.

CEO has opted for 50% reduction, while COO, CFO and CTO announced 35% reductions. Salaries employees announced temporary voluntary reductions between 10% and 25%.

Source: Press Release





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