regulatory
confidence high
sentiment negative
materiality 0.75
Forge Global Holdings, Inc.: Nasdaq/NYSE listing notice — Forge Global receives NYSE delisting notice for stock price below $1.00
Forge Global Holdings, Inc.
- Dec 31 notice: average closing price below $1.00 over 30 trading days.
- NYSE gives six-month cure period; stock remains listed during cure.
- Company may pursue reverse stock split subject to shareholder approval.
- Compliance can be regained if month-end closing price >= $1.00 and 30-day average >= $1.00.
- No immediate impact on listing; FRGE continues trading on NYSE.