---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-106854"
form_type: "8-K"
ticker: null
cik: "0000084129"
company_name: "RITE AID CORP"
filed_at: "2023-10-04T23:59:59+00:00"
generated_at: "2026-06-10T05:06:10.457226+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Rite Aid receives NYSE delisting notice for market cap and stock price

## Summary
- 30-day average market cap ~$49.97M (below $50M) and stockholders' deficit of $(947.4)M.
- Average closing price $0.88/share, below $1.00 minimum requirement.
- Rite Aid has 45 days to submit a business plan for market cap cure within 18 months; 6 months for price cure.
- Stock continues trading on NYSE during cure periods; operations and debt covenants unaffected.
- Company continues strategic review of recapitalization or other remedial measures.

## SEC filing metadata
- accession: 0001104659-23-106854
- form_type: 8-K
- cik: 0000084129
- company_name: RITE AID CORP
- filed_at: 2023-10-04T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/84129/000110465923106854/0001104659-23-106854-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/84129/000110465923106854/tm2327724d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-106854
- JSON: https://secwatch.observer/filing/0001104659-23-106854.json
- Plain text: https://secwatch.observer/filing/0001104659-23-106854.txt

## Key facts
- Listing & Compliance Notices
  RITE AID CORP received a nyse deficiency notice notice regarding minimum bid price (rules 802.01B, 802.01C).
  - Exchange: nyse
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 802.01B, 802.01C
  source text: September 28, 2023, Rite Aid Corporation (the “Company”) received written notice (the “Notice”) from the New York Stock Exchange (the “NYSE”) that the Company is no longer in compliance with NYSE continued listing standards set forth in Section 802.01B (the “Minimum Market Capitalization Standard”) and Section 802.01C (the “Minimum Stock Price Standard”) of the NYSE’s Listed Company Manual due to the fact that (i) the Company’s average total 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/84129/000110465923106854/0001104659-23-106854-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.