RegulatoryJul 8, 2026, 04:22 PM
Skillsoft NYSE Compliance Plan Accepted
AI Summary
Skillsoft Corp. announced that the New York Stock Exchange (NYSE) has accepted its business plan to regain compliance with NYSE continued listing standard 802.01B. The company had previously received a notice of non-compliance because its average global market capitalization and stockholders' equity were both less than $50 million over a 30-trading-day period. With the plan's acceptance, Skillsoft now has until September 26, 2027, to meet the listing standards, and its stock will continue to trade on the NYSE, subject to quarterly monitoring.
Key Highlights
- NYSE accepted Skillsoft's business plan to regain compliance with listing standard 802.01B.
- The company was previously non-compliant due to average market capitalization and stockholders' equity below $50 million.
- Skillsoft has until September 26, 2027, to regain full compliance.
- The company's common stock will continue to be listed on the NYSE during this period.
- Skillsoft will be subject to quarterly monitoring by the NYSE for compliance with the plan.
Price Impact
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