SOS Ltd. Announces Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price
SOS Limited American Depositary Shares (SOS)
Company Research
Source: GlobeNewswire
Qingdao, China, Aug. 21, 2024 (GLOBE NEWSWIRE) -- SOS Limited (NYSE: SOS) (the "Company" or "SOS"), a multifaceted company that engages in the blockchain and cryptocurrency operations and commodity trading, today announced the Company has received a letter from the New York Stock Exchange (the "NYSE") dated June 27, 2024, notifying SOS that it is below compliance standards due to the trading price of SOS's American depositary shares (the "ADSs"). Pursuant to NYSE rule 802.01C, a company will be considered to be below compliance standards if the average closing price of a security as reported on the consolidated tape is less than $1.00 over a consecutive 30 trading-day period. Once notified, the company must bring its share price and average share price back above $1.00 by six months following receipt of the notification. The company can regain compliance at any time during the six-month cure period if on the last trading day of any calendar month during the cure period the compa
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SOS
Sec Filings
- 9/20/24 - Form S-8
- 8/29/24 - Form SC
- 8/16/24 - Form 6-K
- SOS's page on the SEC website