regulatory
confidence high
sentiment positive
materiality 0.60
Zevia regains NYSE minimum price compliance; stock closed above $1 on Sep 30
Zevia PBC
- Received NYSE notice on Oct 1, 2024 confirming compliance with Section 802.01C.
- Previously noncompliant since June 26, 2024 due to average closing price below $1.00.
- As of Sep 30, 2024, stock closed above $1.00 and 30-day average met the threshold.
- Resolution removes immediate delisting risk associated with low share price.