other material
confidence high
sentiment positive
materiality 0.60
SelectQuote regains NYSE compliance as stock price rises above $1.00
SelectQuote, Inc.
- Received NYSE notice on March 1, 2023 that it cured stock price deficiency; share price and 30-day average above $1.00 as of Feb 28, 2023.
- Previously disclosed non-compliance on Oct 20, 2022 when average price fell below $1.00.
- No immediate plans to effect reverse stock split; will still seek stockholder approval at special meeting on March 2, 2023.
- Company intends to hold the special meeting as scheduled at 9:00 AM CT on March 2, 2023.