---
schema_version: "secwatch.filing_event.v1"
accession: "0001362705-23-000075"
form_type: "8-K"
ticker: null
cik: "0001362705"
company_name: "Evolve Transition Infrastructure LP"
filed_at: "2023-06-14T23:59:59+00:00"
generated_at: "2026-06-14T01:03:18.506610+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Evolve faces NYSE delisting proceedings; 1-for-30 reverse split delayed pending FINRA review

## Summary
- NYSE commenced delisting proceedings on June 6 due to low selling price; trading suspended that day.
- Partnership appealed the delisting determination on June 13; stay of delisting pending hearing.
- Common units now trade on OTC under symbol SNMP; reverse split originally set for June 14 is delayed.
- Reverse split (1:30) delayed because FINRA must review the action after OTC market listing.
- New effective date for reverse split to be announced after FINRA completes review.

## SEC filing metadata
- accession: 0001362705-23-000075
- form_type: 8-K
- cik: 0001362705
- company_name: Evolve Transition Infrastructure LP
- filed_at: 2023-06-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1362705/000136270523000075/0001362705-23-000075-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1362705/000136270523000075/evolve-20230613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001362705-23-000075
- JSON: https://secwatch.observer/filing/0001362705-23-000075.json
- Plain text: https://secwatch.observer/filing/0001362705-23-000075.txt

## Key facts
- Listing & Compliance Notices
  Evolve Transition Infrastructure LP received a nyse_american delisting notice notice regarding minimum bid price (rules 1003(f)(v)).
  - Exchange: nyse american
  - Notice: delisting notice
  - Deficiency: minimum bid price
  - Rules: 1003(f)(v)
  source text: June 6, 2023 from the NYSE American LLC (“NYSE”) that the Partnership was not in compliance with the continued listing standards set forth in Section 1003(f)(v) of the NYSE American Company Guide and disclosed that NYSE Regulation has determined to commence proceedings to delist the Partnership’s common units representing limited partner interests in the Partnership (“Common Units”) from the NYSE due to the low selling price of the Common Units. On June 13, 2023, the Partnership submitted formal written notice exercising its right to a review of NYSE Regulation’s delisting determination in acc
  evidence_url: https://www.sec.gov/Archives/edgar/data/1362705/000136270523000075/0001362705-23-000075-index.htm

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