SOLAI Receives NYSE Delisting Notice for Market Cap & Equity Non-Compliance
SOLAI Limited announced it received an additional notice from the New York Stock Exchange (NYSE) on April 27, 2026, for non-compliance with continued listing standards. The company's average total market capitalization was below US$50 million over a 30-day period, and its stockholders' equity as of December 31, 2025, was less than US$50 million. SOLAI has 90 days to submit a business plan to the NYSE, demonstrating how it will regain compliance within 18 months, with potential delisting if the plan is not accepted or if ADSs trade below US$0.10. This notice does not immediately impact business operations or SEC reporting, but the company is already non-compliant with the US$1.00 average price standard.
Key Highlights
- SOLAI received an additional NYSE notice on April 27, 2026, regarding non-compliance with listing standards.
- Average total market capitalization was less than US$50 million over a 30-day period.
- Stockholders' equity as of December 31, 2025, was less than US$50 million.
- Company has 90 calendar days to submit a business plan to regain compliance within 18 months.
- NYSE may accelerate delisting if ADSs trade below US$0.10.
- The notice does not immediately affect business operations or SEC reporting requirements.
- SOLAI is already non-compliant with the US$1.00 average price standard.
Price Impact
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