StockWatch
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Motor Vehicles
DelistingJul 29, 2026, 08:12 AM

LiveWire Receives NYSE Delisting Notice for Sub-$1.00 Share Price

AI Summary

LiveWire Group, Inc. announced it received a notice from the New York Stock Exchange (NYSE) on July 23, 2026, indicating non-compliance with the continued listing standard. This is due to the company's common stock trading below an average closing price of $1.00 per share for 30 consecutive trading days. LiveWire has a six-month period to regain compliance and intends to notify the NYSE of its plan to cure the deficiency, potentially through a reverse stock split. The notice does not immediately affect the stock's listing or the company's business operations.

Key Highlights

  • LiveWire received a notice from NYSE on July 23, 2026, regarding non-compliance.
  • The company's average closing price was less than $1.00 per share over 30 consecutive trading days.
  • LiveWire has a six-month period to regain compliance with the minimum share price requirement.
  • The company intends to notify NYSE of its plan to cure the deficiency.
  • Possible actions to regain compliance include a reverse stock split, subject to shareholder approval.
  • The notice has no immediate impact on the stock's listing or the company's business operations.