Business
Vince Holding Corp. Announces NYSE Acceptance of Business Plan to Regain Compliance
NEW YORK--(BUSINESS WIRE)-- Vince Holding Corp. (NYSE: VNCE) ("VNCE" or the "Company"), a global contemporary retailer, today announced that the New York
About this update from Vince Holding Corp.
[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\nVince Holding Corp. (NYSE: VNCE) (\"VNCE\" or the \"Company\"), a global contemporary retailer, today announced that the New York Stock Exchange (“NYSE”) accepted the Company’s business plan for continued listing on the NYSE.\n\n\nBrendan Hoffman, Chief Executive Officer, commented, “We are pleased that the NYSE has approved our plan. We look forward to continuing to execute and deliver on our objectives that we believe will continue to yield results and drive shareholder value.”\n\n\nAs previously disclosed, on May 6, 2025, the Company received a notice from the NYSE indicating that it was not in compliance with the NYSE’s continued listing standards because the Company’s 30-trading day average market capitalization was less than $50 million and the Company’s stockholders’ equity was less than $50 million. The Company’s common stock will continue to be listed on the NYSE, subject to quarterly reviews by the NYSE for the 18 months following the Company's receipt of the notice to ensure the Company’s continued progress toward the plan.\n\n\nABOUT VINCE\n\n\nVince Holding Corp. is a global retail company that operates the Vince brand women's and men's ready to wear business. Vince, established in 2002, is a leading global luxury apparel and accessories brand best known for creating elevated yet understated pieces for every day effortless style. Vince Holding Corp. operates 44 full-price retail stores, 14 outlet stores, and its e-commerce site, vince.com, as well as through premium wholesale channels globally. Please visit www.vince.com for more information.\n\n\nForward-Looking Statements: This document, and any statements incorporated by reference herein contain forward-looking statements under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding, among other things, current expectations about possible or assumed future results of operations of the Company and are indicated by words or phrases such as \"may,\" \"will,\" \"should,\" \"believe,\" \"expect,\" \"seek,\" \"anticipate,\" \"intend,\" \"estimate,\" \"plan,\" \"target,\" \"project,\" \"forecast,\" \"envision\" and other similar phrases. Although we believe the assumptions and expectations reflected in these forward-looking statements are reasonable, these assumptions and expectations ma...