Business Context and Reporting Period
Company: Flotek Industries, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: March 28, 2011
Reporting Period: Single event date (March 28, 2011)
Key Financial Metrics
This filing is a regulatory disclosure regarding listing status and does not contain financial statements. The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
The primary material change reported is the Company's regained compliance with the New York Stock Exchange (NYSE) quantitative continued listing standards. This status was confirmed via notice received from the NYSE on March 28, 2011.
Guidance, Outlook, and Risks
Management Commentary: The Company issued a press release (Exhibit 99.1) announcing the restoration of compliance with NYSE listing standards.
Risks and Contingencies: No specific risks, contingencies, or unusual items are detailed in the body of this 8-K filing beyond the prior listing compliance issue which has now been resolved.
Investor Verification Checklist
- Verify the specific quantitative standards (e.g., stock price, market value) that were previously not met and are now satisfied.
- Review the full text of the press release (Exhibit 99.1) for any additional context regarding the compliance restoration.
- Confirm the current trading status of the Company's stock on the NYSE following this announcement.