regulatory
confidence high
sentiment negative
materiality 0.60
Zevia receives NYSE non-compliance notice for share price below $1.00
Zevia PBC
- Average closing price of Class A common stock below $1.00 over 30 consecutive trading days.
- Six-month cure period to regain compliance; company evaluating available alternatives.
- No immediate delisting; common stock continues trading on NYSE during cure period.
- Company must respond to NYSE within 10 business days affirming intent to cure.