Solo Brands, Inc. (SBDS): Nasdaq/NYSE listing notice — Solo Brands receives NYSE non-compliance notice for sub-$1 average closing price

Solo Brands, Inc.

NYSE notified Solo Brands on Feb 25, 2025 that average closing price was below $1.00 over 30 trading days.
Company has six months to regain compliance; may consider reverse stock split with board and stockholder approval.
Stock continues trading on NYSE under symbol DTC with added ".BC" designation during cure period.
Notice does not affect business operations, SEC reporting, or debt obligations.

item 3.01 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Solo Brands, Inc. received a nyse deficiency notice notice regarding minimum bid price (rules 802.01C).

Exchange: nyse
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 802.01C

Exact text from the filing

February 25, 2025, Solo Brands, Inc. (the “Company”) was notified by the New York Stock Exchange (the “NYSE”) that the average closing price of the Company’s Class A common stock, par value $0.001 per share, over the prior consecutive 30 trading-day period was below $1.00, which is the minimum average closing price required to maintain listing on the NYSE under Section 802.01C of the NYSE Listed Company Manual. Pursuant to Section 802.01C, the Company has a period of six months following receipt of the NYSE notice to regain compliance with the minimum share price requirement. In order to regai

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Solo Brands, Inc. filing history →

Source: SEC EDGAR

accession 0001870600-25-000020

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