RegulatoryJun 5, 2026, 04:37 PM
Mynd.ai Receives NYSE American Non-Compliance Notice
AI Summary
Mynd.ai, Inc. announced it received a non-compliance notice from NYSE American on June 2, 2026. The notice indicates the company is not in compliance with Sections 1003(a)(i) and (ii) of the Company Guide due to a stockholders' deficit of $(17,502,000) at December 31, 2025, and losses in three of its four most recent fiscal years. Mynd.ai must submit a plan by July 2, 2026, to regain compliance by December 2, 2027. The notice has no immediate impact on the listing of the company's shares.
Key Highlights
- Mynd.ai reported a stockholders' deficit of $(17,502,000) at December 31, 2025.
- The company had losses in three of its four most recent fiscal years ended December 31, 2025.
- NYSE American requires $2.0 million stockholders' equity for companies with losses in two of three years.
- NYSE American requires $4.0 million stockholders' equity for companies with losses in three of four years.
- Mynd.ai must submit a plan to regain compliance by July 2, 2026.
- The company must regain compliance with listing standards by December 2, 2027.
Price Impact
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