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NEW YORK — Revlon announced on Thursday that the NYSE Regulatory Oversight Committee’s Committee for Review rejected the company’s appeal and affirmed the New York Stock Exchange Staff’s decision to delist the company’s Class A common stock following the June 15, 2022 Chapter 11 filing by the company and certain of its subsidiaries in the U.S. Bankruptcy Court for the Southern District of New York.
Accordingly, the company expects the NYSE Staff to make an application to the Securities and Exchange Commission to delist the company’s Class A common stock in the near future. In the meantime, the NYSE has suspended trading in Revlon’s Class A common stock. The company’s Class A common stock is expected to trade on the O-T-C marketplace/pink sheets following the delisting.