SOS receives NYSE notice over sub-$1 average, gets six-month cure period

  • SOS received an NYSE notice concerning its Class A ordinary shares.
  • $1.00 is the required closing and 30-day average price threshold.
  • SOS shares remain listed during the six-month cure period, subject to NYSE requirements.

SOS Limited said it received an August 7, 2026 notice from the New York Stock Exchange (NYSE, U.S. stock exchange) that its Class A ordinary shares fell below listing standards because their average closing price was under $1.00 for 30 consecutive trading days. Under NYSE Rule 802.01C, SOS has six months from receiving the notice to bring both its closing price and 30-day average closing price back to at least $1.00. The company can regain compliance earlier if it meets both thresholds on the final trading day of any month during the cure period. If it fails to meet both requirements when the period ends, the NYSE will begin suspension and delisting procedures. The notice does not immediately affect the listing or trading of SOS shares, subject to other NYSE requirements. SOS also described its blockchain and big-data marketing operations, cryptocurrency mining activities and commodity-trading business, while warning that forward-looking plans face regulatory, operational, market, supply-chain and other risks.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.