---
schema_version: "secwatch.filing_event.v1"
accession: "0001800682-23-000031"
form_type: "8-K"
ticker: null
cik: "0001800682"
company_name: "Cano Health, Inc."
filed_at: "2023-09-11T23:59:59+00:00"
generated_at: "2026-06-10T21:48:00.624627+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Cano Health receives NYSE non-compliance notice for sub-$1 stock price

## Summary
- NYSE notified Cano on Sept 5, 2023, that avg closing price of Class A common stock was below $1.00 for 30 consecutive days.
- Cano has 6 months to regain compliance; stock continues trading on NYSE during cure period.
- To cure, Cano may pursue reverse stock split subject to stockholder approval; largest stockholder InTandem Capital Partners intends to vote in favor.
- Cano also evaluating strategic alternatives, including potential sale of company.

## SEC filing metadata
- accession: 0001800682-23-000031
- form_type: 8-K
- cik: 0001800682
- company_name: Cano Health, Inc.
- filed_at: 2023-09-11T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1800682/000180068223000031/0001800682-23-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1800682/000180068223000031/cano-20230911.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001800682-23-000031
- JSON: https://secwatch.observer/filing/0001800682-23-000031.json
- Plain text: https://secwatch.observer/filing/0001800682-23-000031.txt

## Key facts
- Listing & Compliance Notices
  Cano Health, 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: September 5, 2023, Cano Health, Inc. (“ Cano Health ” or the “ Company ”) was notified by NYSE Regulation Inc. (the “ NYSE ”) that it is not in compliance with Section 802.01C of the NYSE Listed Company Manual (the “ Listing Rule ”) because the average closing stock price of a share of the Company’s Class A common stock was less than $1.00 per share over a consecutive 30 trading-day period. Pursuant to the Listing Rule, the Company has 6 months following the NYSE notification to regain compliance with the Listing Rule, during which time the Company’s Class A common stock will continue to be li
  evidence_url: https://www.sec.gov/Archives/edgar/data/1800682/000180068223000031/0001800682-23-000031-index.htm

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