regulatory
confidence high
sentiment negative
materiality 0.88
PSQ Holdings delisted by NYSE over sub-$15M market cap; trading suspended, moved to Pink Market
PSQ Holdings, Inc.
- NYSE notified PSQ Holdings on Nov 9, 2026 that it will commence delisting proceedings; trading in Class A stock and warrants was suspended immediately.
- Delisting cites non-compliance with Section 802.01B, which requires average global market cap of at least $15 million over 30 consecutive trading days.
- Warrants (PSQH.WS, exercisable for 1/15 share at $172.50) were also deemed unsuitable for listing under Section 802.01D for 'abnormally low selling price.'
- Company said it does not intend to appeal, forgoing the 10-business-day window to request review by a NYSE board committee.
- Stock and warrants began trading Nov 10, 2026 on the Pink Limited Market as PSQH and PSQHW; company is seeking OTCQB listing with no assurance of acceptance.
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