8-Kfiled May 29, 2025, 7:59 PM ETticker SBDSCIK 0001870600
other materialconfidence highsentiment negativemateriality 0.75
Solo Brands, Inc. (SBDS): Nasdaq/NYSE listing notice — Solo Brands receives additional NYSE non-compliance notice; shareholders approve reverse stock split
Solo Brands, Inc.
NYSE notified Solo Brands that average market cap fell below $15M over 30 days, adding a non-compliance ground; stock already suspended, trading on OTC Pink under DTCB.
Stockholders approved reverse stock split at ratio between 1:10 and 1:100, as determined by Board, to potentially regain listing compliance.
Annual meeting elected directors John Larson, Andrea Tarbox, Elisabeth Vanzura; ratified BDO USA as auditor; approved officer exculpation amendment.
Appeal of prior NYSE delisting determination remains pending; no guarantee of successful relisting.
Solo Brands, Inc. received a nyse delisting notice notice regarding market value (rules 802.01D).
Exchange
nyse
Notice
delisting notice
Deficiency
market value
Rules
802.01D
Exact text from the filing
May 29, 2025, the NYSE notified the Company, and publicly announced, that the Company was also not in compliance with Rule 802.01D of the NYSE Listed Company Manual due to a determination that the Company’s average global market capitalization over a consecutive 30 trading day period had fallen below $15,000,000. There is no need for the Company to submit an additional appeal with respect to the NYSE’s May 29, 2025 decision. During the appeal period, the Class A common stock will remain listed on the NYSE, though trading on the NYSE will continue to be suspended. If the Company is successful i
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