regulatory
confidence high
sentiment negative
materiality 0.75
Velo3D receives NYSE delisting notice; avg market cap $36.6M, equity deficit $45.5M
Velo3D, Inc.
- Received NYSE notice on July 8 for failing continued listing standard under Section 802.01B.
- 30-day avg market cap $36.6M as of July 5; stockholders' deficit ($45.5M) as of March 31.
- Will submit a compliance plan within 45 days; NYSE may allow up to 18-month cure period.
- As of June 28, stock price above $1 threshold, so price compliance regained.
- No immediate delisting; stock continues trading under VLD with '.BC' indicator.