SOS Limited Faces NYSE Compliance Issues Due to Trading Price
SOS Limited (NYSE: SOS), a blockchain-based and big data-driven marketing solution provider, has received a notification from the New York Stock Exchange (NYSE) that its Class A ordinary shares are below compliance standards due to their trading price. The NYSE letter, dated August 7, 2026, states that the company must bring its share price back above $1.00 within six months. This is in accordance with NYSE rule 802.01C, which requires companies to maintain an average closing price of at least $1.00 over a consecutive 30 trading-day period.
The company can regain compliance during the six-month cure period if it achieves a closing share price and average closing share price of at least $1.00 on the last trading day of any calendar month. If SOS fails to meet this requirement, the NYSE will commence suspension and delisting procedures. The notice has no immediate impact on the listing of the Company's Ordinary Shares, which will continue to be traded on the NYSE during the cure period.
SOS Limited is an emerging blockchain-based and big data-driven marketing solution provider, also engaged in blockchain and cryptocurrency operations, including cryptocurrency mining and commodity trading via its subsidiaries SOS International Trading Co. Ltd and Weigou International Trading Co Ltd.