Borr Drilling Limited – Reverse share split
December 7, 2021 - Borr Drilling Limited (the “Company”) refers to the announcement issued June 29, 2021 regarding the notice from the New York Stock Exchange (“NYSE”) that the Company was not in compliance with the NYSE continued listing standard as the average closing price of its common shares had fallen below $1.00 per share over a period of 30 consecutive trading days. Today, the Company announces that its Board of Directors has approved a 2-to-1 reverse share split of the Company’s shares (the “Reverse Split”) in order to cure this non-compliance. Upon effectiveness of the