regulatory
confidence high
sentiment negative
materiality 0.65
Benson Hill, Inc.: Nasdaq/NYSE listing notice — Benson Hill receives NYSE delisting notice for sub-$1.00 stock price
Benson Hill, Inc.
- Average closing price below $1.00 over 30 trading days triggered NYSE non-compliance notice.
- Company has six months from Sept 13, 2023 to regain compliance via $1.00 closing and 30-day average.
- No immediate delisting; stock continues trading on NYSE during cure period.
- Strategic review ongoing; management expects to share update by late October 2023.