Golden Finance reported that SOS Limited, a blockchain service solution provider, has received a non-compliance letter from the New York Stock Exchange (NYSE) due to poor stock performance. The trading price of its American Depositary Shares (ADS) has fallen below $1 for 30 consecutive trading days.
According to legal requirements, SOS must restore its stock price and average stock price to above $1 within six months, otherwise it will face the risk of being suspended from listing and delisting by the New York Stock Exchange.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.