Sonendo, Inc. (SONX): Nasdaq/NYSE listing notice — Sonendo receives NYSE delisting notice; to trade on OTCQX from Nov 22, 2023

November 21, 2023, the Company received an additional notice from the NYSE that the Company was not in compliance with the continued listing standard set forth in Section 802.01B because the Company failed to maintain an average global market capitalization over a consecutive 30-day trading period of at least $15,000,000 under Section 802.01B. Accordingly, the NYSE determined to commence proceedings to delist the Common Stock. Trading of the Common Stock will be suspended effective at the opening of business Eastern Standard Time on November 22, 2023. The NYSE will apply to the Securities and

November 15, 2023, Sonendo, Inc. (the “Company”) received notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the Company was not in compliance with the continued listing standard set forth in Section 802.01B of the NYSE’s Listed Company Manual (“Section 802.01B”) because the Company’s average global market capitalization over a consecutive 30 trading-day period was less than $50 million and, at the same time, its stockholders’ equity was less than $50 million. As set forth in the notice, as of November 14, 2023, the 30 trading-day average global market capitalization of t

On November 17, 2023, Michael Smith, Chief Commercial Officer of the Company, provided notice of his resignation from the Company, effective December 1, 2023, to pursue new opportunities.