regulatory
confidence high
sentiment neutral
materiality 0.65
NYSE accepts Surf Air Mobility's plan to regain listing compliance; cure period until Nov 2025
SURF AIR MOBILITY INC.
- NYSE accepted Surf Air Mobility's compliance plan on August 20, 2024, for minimum market capitalization standard (Section 802.01B).
- Company has until November 20, 2025 to achieve $50M average market cap or $50M stockholders' equity.
- Common stock continues trading on NYSE with ".BC" indicator; quarterly reviews by NYSE follow.
- Failure to comply by end of cure period may result in suspension and delisting procedures.