regulatory
confidence high
sentiment negative
materiality 0.60
NYSE to delist Butterfly Network warrants (BFLY WS) due to abnormally low selling price
Butterfly Network, Inc.
- NYSE notified Butterfly Network on Jan 13, 2026, to delist its warrants (BFLY WS) and suspend trading immediately due to 'abnormally low selling price' per Section 802.01D.
- Warrants were issued in Feb 2021 business combination, exercisable for one share of Class A common at $11.50 per share, expire Feb 12, 2026.
- Company does not believe warrant delisting is related to its performance; trading in Class A common stock (BFLY) continues unaffected on NYSE.