Revlon Confirms Earlier Report; Announces New York Stock Exchange's Decision to Delist Its Common Stock
Revlon, Inc. (NYSE:REV) ("Revlon" or the "Company") today announced that on October 20, 2022, the NYSE Regulatory Oversight Committee's Committee for Review rejected the Company's appeal and affirmed the New York Stock Exchange Staff's ("NYSE Staff") 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 ("SEC") 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 OTC marketplace/pink sheets following the delisting.
Additional information, including court filings and other documents, related to the court-supervised Chapter 11 process, is available on the Company's restructuring website at https://cases.ra.kroll.com/Revlon, by emailing [email protected] or by calling (855) 631-5341 (toll free) or (646) 795-6968 (international).