---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-001158"
form_type: "8-K"
ticker: "SST"
cik: "0001805833"
company_name: "System1, Inc."
filed_at: "2025-01-10T23:59:59+00:00"
generated_at: "2026-05-28T05:27:50.537801+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# System1 receives NYSE non-compliance notice for stock price below $1.00; six-month cure period

## Summary
- NYSE notified System1 on Jan 6, 2025, that average closing price of Class A common stock was below $1.00 over 30 consecutive trading days.
- No immediate delisting; stock continues to trade on NYSE subject to other listing standards.
- Company must notify NYSE by Jan 21, 2025, of intent to cure; six-month window to regain compliance by hitting $1.00 closing and 30-day average.
- System1 intends to consider all available alternatives to cure the deficiency.

## SEC filing metadata
- accession: 0001628280-25-001158
- form_type: 8-K
- ticker: SST
- cik: 0001805833
- company_name: System1, Inc.
- filed_at: 2025-01-10T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805833/000162828025001158/0001628280-25-001158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805833/000162828025001158/sst-20250106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-001158
- JSON: https://secwatch.observer/filing/0001628280-25-001158.json
- Plain text: https://secwatch.observer/filing/0001628280-25-001158.txt

## Key facts
- Listing & Compliance Notices
  System1, Inc. received a nyse noncompliance notice notice regarding minimum bid price (rules 802.01C).
  - Exchange: nyse
  - Notice: noncompliance notice
  - Deficiency: minimum bid price
  - Rules: 802.01C
  source text: January 6, 2025 System1, Inc. (the “Company”) was notified by the New York Stock Exchange (the “NYSE”) that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual because the average closing price
  evidence_url: https://www.sec.gov/Archives/edgar/data/1805833/000162828025001158/0001628280-25-001158-index.htm

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