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Gainsco Gets Notice from NYSE

Wednesday, March 6, 2002 | 0

GAINSCO, INC. (NYSE: GNA) today announced that it has received formal notice from the New York Stock Exchange ('NYSE') that GAINSCO is 'below criteria' for NYSE continued listing standards requiring total market capitalization of not less than $50 million over a 30 trading day period and stockholders' equity of not less than $50 million. The NYSE noted that the Company's average market capitalization of its common stock for the 30 trading days ended February 27, 2002 was $22.0 million and stockholders' equity at December 31, 2001 was estimated at $27.5 million, as disclosed in the...

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