regulatory
confidence high
sentiment negative
materiality 0.70
KULR Technology Group, Inc. (KULR): Nasdaq/NYSE listing notice — KULR receives NYSE American non-compliance notice for share price below $0.20
KULR Technology Group, Inc.
- NYSE American notified KULR on Feb 12 that its 30-day average closing price fell below $0.20, violating Section 1003(f)(v).
- KULR must demonstrate sustained price improvement or effect a reverse stock split by August 12, 2024.
- The notice does not immediately affect the listing or trading of KULR common stock on NYSE American.
- KULR intends to cure the deficiency and return to compliance with continued listing standards.