System1, Inc. received a notice of non-compliance from the New York Stock Exchange.
The notice stated that System1 was not meeting Section 802.01B of the NYSE Listed Company Manual requirements.
The company has 18 months to address the market capitalization and stockholder's equity deficiencies.
Non-Compliance Notice
System1 notified by NYSE for market capitalization and stockholder's equity deficiencies.
Cure Period
Company has 18 months to submit a business plan to regain compliance.
Business Plan Submission
System1 to notify NYSE by December 22 and submit plan by January 22, 2026.
- System1 faces challenges with market capitalization and stockholder's equity.
- The company needs to demonstrate its ability to regain compliance within the 18-month cure period.
System1, Inc. is focused on addressing the compliance issues and is exploring various options to meet NYSE standards.